Thin-film PV module developer and manufacturer Ascent Solar Technologies, Inc. has reached an agreement with investors that will see the company secure US$32 million in senior secured notes and warrants in order to buy shares of its common stock in a private placement.
Tier-one PV manufacturer, ReneSola has said that a new framework agreement with Chinese retailer, China Seven Star Holdings, could lead to the sale of around 200MW of existing and planned PV projects within 18 months.
R&D centre, Solar Energy Research Institute of Singapore (SERIS) has officially opened its module development and testing laboratory the CleanTech Park in Singapore.
An antenna tower in Australia serving a broadcaster will be the site of a solar-plus-storage project funded by the German government and designed to deliver power 24 hours a day.
Work continues apace on the new factory that will serve as a “blueprint” for the future plans of Japanese thin-film module manufacturer Solar Frontier, with the company confirming to PV Tech that it will target a cell efficiency of 15% on its production lines.
A former Pakistani technology minister has attacked a new tax that has left containers full of imported solar equipment reportedly stranded at ports in the Asian country.