Module manufacturer Wuxi Suntech has agreed to supply around 200MW of solar panels to Indian conglomerate Adani Power for a PV project, which is under development in the Indian state of Tamil Nadu.
Sojitz Corporation of America (SCA), a US subsidiary of global trading and investment company Sojitz Corporation, has signed an agreement with Grupo T-Solar Global (T-Solar), which is affiliated with Spain-based Grupo Isolux Corsan, to become a 49% equity owner in two solar plants in Peru.
Major tier-1 PV manufacturer Yingli Green Energy is at threat of receiving a NYSE de-listing warning as its shares have traded below the US$1.0 threshold for the last 20 days of consecutive trading.
Inverter manufacturer Ingeteam has been granted a €55 million (US$61 million) loan by the European Investment Bank (EIB) for its research and development of renewable energy.
Hanergy Thin Film Power has issued a profit warning for its first half 2015 results as its primary customer, Hanergy Group, recently cancelled a major connected transaction to appease a Hong Kong stock market investigation into Hanergy TF’s viability when the majority of a sales go through its privately held parent company.
Leading PV inverter manufacturer SMA Solar Technology has backed up recently raised full-year revenue guidance with first half sales reaching €429.3 million, driven the most by the utility-scale PV power plant market.
