After filing for Chapter 11 bankruptcy protection in March this year, Sungevity has been approved for sale to Minnesota private equity firm Northern Pacific Group for US$50 million.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
PV manufacturing equipment specialist 3D-Micromac said it had booked over 1.5GW of orders related to its microCELL TLS (Thermal Laser Separation) high-throughput half-cell cutting tools since the beginning of the year. The company is exhibiting and showcasing its laser systems at SNEC 2017 in Shanghai, China.
High-efficiency PV module manufacturer Jinneng Clean Energy Technology (Jinergy) said it would be starting mass production of its N-type monocrystalline bifacial heterojunction (HJ) modules, which were showcased at its Technology Developer Forum ahead of SNEC 2017 in Shanghai, China.
GCL System Integration Technology (GCL-SI), leading global solar cell manufacturer and developer has obtained IEC certification from technical service provider TÜV Rheinland for its GCL-P6/72 Multi-Busbar (MBB) module.
Bolymedia Holdings, a high-tech manufacturing firm headquartered in Silicon Valley, California, revealed its fourth patented renewable energy technology product at this year’s SNEC Expo in Shanghai.
Vietnam has confirmed a long-awaited feed-in tariff (FiT) scheme for utility-scale solar projects along with a net metering scheme for rooftop PV systems.
French renewable energy giant Engie has signed an agreement for a 30% equity investment through capital increase in Unisun Energy Group, a Chinese solar PV company.
