News

The lack of cash within LDK Solar’s holding company, registered in the Cayman Islands has been highlighted by its Joint Provisional Liquidators (JPLs), which are still seeking sufficient funds to carry out planned restructuring duties.

Germany-based PV module manufacturer and project developer, Solarwatt has acquired two operation centres of bankrupt PV project developer CentroSolar to further boost its European expansion plans. Financial details were not disclosed.

The EU and Germany are at loggerheads over the latter’s proposed changes to its 'energiewende' (EEG) reforms.

The largest electric power holding company in the US, Duke Energy, has approved an 80MW solar power plant in North Carolina.

First Solar’s 52MW PV plant in Jordan has a new partner going forward. Mitsubishi Corporation, through their subsidiary Diamond Generating Europe, Ltd., will operate a 35% equity share of the Shams Ma’an plant.

Struggling power electronics and PV inverter manufacturer, 3W Power/AEG Power Solutions, has won approval from shareholders and bondholders to convert its €100 million bond by issuing a new €50 million bond and a debt for equity swap for the remaining €50 million.

Photon Publishing has said that preliminary insolvency proceedings launched against it have already been closed.

The state of Texas has launched a solar trade association.

A number of smaller thin-film applications will be collectively worth 1.2GW by 2024, according to a new study by Lux Research.

German solar industry trade association BSW-Solar is considering taking legal action over reforms to the German Renewable Energy Act (EEG), announced yesterday.