Solar power company Canadian Solar announced Thursday that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a three-year credit agreement with Sumitomo Mitsui Finance for US$35 million.
PV solar systems provider First Solar announced Thursday that it has completed the sale of the cash equity interests in the 250MW Moapa Southern Paiute Solar Project in Nevada to private asset manager Capital Dynamics.
Updated: US-based high-efficiency module manufacturer Suniva, majority owned by Chinese diversified renewables firm Shunfeng International Clean Energy (SFCE) is to carry out a number of unspecified job cuts across its operations, according to a company statement.
Major flat panel display manufacturer AU Optronics Corp reported a significant reduction in its solar business unit’s losses in 2016, after receiving a US$170.1 million cash payout from SunPower to exit its joint venture (JV) manufacturing operations in Malaysia, last September.
Since Wacker Chemie opened its new 20,000MT polysilicon plant in Charleston, Tennessee in 2016, there was a good chance that the German-headquartered chemicals firm could overtake incumbent market leader, GCL-Poly.
Last month, Maryland achieved a clean energy victory when the legislature voted to override governor Larry Hogan’s veto of the Clean Energy Jobs Act in a 32-13 vote.
Brisbane-based renewable energy investor Lyon Group will soon start building a AU$1 billion (US$767 million) solar-plus-storage farm in South Australia - the world’s largest.
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics reported 2016 revenue at the higher end of previously withdrawn guidance that was pulled on fears of PV manufacturers withdrawing capital expenditure plans when PV demand drastically weakened in China in the second-half of the year.
Colorado will continue to push ahead with renewable energy despite president Donald Trump’s order eliminating many restrictions on fossil fuels, governor John Hickenlooper has said.
Vertically integrated PV power plant developers such as First Solar and SunPower are losing ground to dedicated PV tracker firms, according to the latest analysis from IHS Markit.
