- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
Major renewable energy firm, SunEdison is to officially cut its global workforce by 15%, according to an SEC filing.
Germany plans to offer around EUR1 billion (US$1.12 billion) in concessional loans for Indian solar projects over the next five years as part of an Indo-German Solar Energy Partnership, signed in a memorandum of understanding.
Major renewable energy firm SunEdison is expected to reduce guidance on project completions for 2016, according to an investor note from Deutsche Bank analyst, Vishal Shah.
Major renewable energy firm, SunEdison is undertaking a round of redundancies as a result of its numerous acquisitions to reduce duplication and simplify its business structure.
The viability of PV projects coming out of the three latest state solar auctions in India is “quite low”, according to an initial examination from consultancy firm Bridge to India, but industry opinions differ over the quality of project returns.
Perovskite solar cell developer Oxford Photovoltaics said it had raised a top-up B round of £4.4 million from a variety existing investors as well as new sources of funding.
The joint First Solar/SunPower yieldco, 8point3 Energy Partners, has reported solid results from its first full quarter of operation, despite the recent stock market turmoil affecting other yieldcos.
US firm First Solar has secured a US$33 million loan facility from Japan’s Mizuho Bank in order to fund the construction of utility-scale solar plants in Japan.
Embattled PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) continues to have its stocks suspended from trading on the Hong Kong exchange since they collapsed in May 2015.
Updated: Struggling Silicon Module Super League (SMSL) member Yingli Green has said it will have to restructure a repayment plan for US$157 million, due in October.
Chinese manufacturer JinkoSolar Holding has agreed a US$5.05 million settlement of a previously disclosed class action lawsuit brought in 2011 on behalf of all purchasers of JinkoSolar’s American Depositary Shares between 13 May 2010 and 20 September 2011.
NextEra Energy’s CEO sees energy storage as one of three areas driving “tremendous growth” for the group and has said that discussions about renewables are “naturally” leading into dialogue on storage.
Spanish utility Endesa has purchased 333GWh of power at the Iberian solar energy auction, which the company claims is equivalent to purchasing 1.2GW of capacity.
The solar industry’s sixth securitisation to date, due for launch by Colorado-based AES Distributed Energy, will be worth US$100 million, backed against the company’s portfolio of solar generation assets.
Leading PV inverter manufacturer SMA Solar Technology has revised upwards its sales and earnings forecast in 2015 for a second time this year.