Embattled renewables firm SunEdison has disclosed that it has received a subpoena from the U.S. Department of Justice (DOJ) regarding the failed acquisition of Vivint Solar and related actions associated with its two yieldco subsidiaries.
Monocrystalline wafer producer Comtec Solar Systems Group said it expected to report a loss of over RMB400 million (US$62 million) for 2015, due to a series of write-downs, advance polysilicon payments and declining wafer ASPs.
State Grid Corporation of China, Korea’s main utility, one of Japan’s biggest renewables developers and Russia’s grid operator have formally indicated their interest in building a massive interconnected grid across Asia.
The Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) has set a new European record of 22% conversion efficiency for a copper indium gallium diselenide (CIGS) thin-film cell, verified by Fraunhofer ISE.
Integrated PV module manufacturer REC Solar has said that it would migrate all production at its manufacturing facility in Tuas, Singapore to its half-cut PERC cell technology, used for its ‘TwinPeak’ series modules.
International solar PV EPC firm Phoenix Solar expects to almost double revenue in 2016, after posting a turnaround year in 2015. The company reported revenue of €119.4 million, up 250% from the prior year.
PV and electronics equipment manufacturing and automation specialist Manz AG has decided to keep its turnkey CIGS thin-film technology after almost a year of undertaking a strategic review, due to lack of orders.