- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
PV manufacturer China Sunergy (CSUN) has reported that it has regained compliance with NASDAQ rules after previously failing to file quarterly and annual reports. CSUN filed its 2014 annual report on July 20.
PV manufacturing equipment specialist Amtech Systems is selling the majority of its stake in subsidiary Kingstone Technology to China-based venture capital firm, Suzhou Zhuo Jing Investment Center for around US$13.6 million.
China-based PV manufacturer has reported an 84.76% increase in revenue for the first half of 2015 on the back of strong domestic demand and a focus on overseas emerging markets.
The World Bank’s International Finance Corporation (IFC) is exploring the development of 100MW of solar in Zambia.
Solar installer Sunrun has revealed details of its impending IPO, which will look to raise as much US$309 million.
Tier-one solar manufacturer Canadian Solar has secured finance for a 9MW project in Ontario.
Major PV inverter manufacturer Sungrow Power Supply is planning to increase manufacturing capacity by a further 5GW to meet expected strong demand in 2016 and onwards, driven by China and its growing international footprint.
Investment in solar power in India could surpass investment in coal by 2019-20, with US$35 billion already committed by global companies, according to a Deutsche Bank report.
Private equity giant KKR has taken an 80% stake in developer Gestamp Solar.
Major names including Bank of America, Citigroup, Barclays and UBS have aided Abengoa Yield to more than double its credit facility from US$125 million to US$290 million.
The Brazilian senate has passed a bill to reduce the tax burden on imports of certain components and machinery used in the production of PV equipment.
Beleaguered Chinese manufacturer Hanergy Thin Film Power has cancelled a controversial module supply deal with its parent group.
Deutsche Bank analyst Vishal Shah has said US installer SolarCity could be one of the indirect winners from news that SunEdison and its yieldco, TerraForm Power, are to acquire residential installer Vivint Solar.
PV developer SunEdison and its yieldco, TerraForm Power, are to acquire US residential PV provider Vivint Solar for around US$2.2 billion.
The 200MW second phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has achieved financial close.