The company noted that it could not pay accrued interest and fees, which could result in the bank foreclosing. SPI Solar had total company deficit of US$56.1 million at the end of 2013, much of it owed to LDK Solar.
Additional renewable energy capacity, including onshore wind and photovoltaic power generation projects, will be granted approval under the third round of South Africa’s Renewable Energy Independent Power Producer Programme (REIPPP), the country’s Department of Energy (DoE) has announced.
California-based microinverter maker Enphase has become the latest company in solar to announce expansion plans to meet demand in the Asia-Pacific region, opening an office in Melbourne, Australia to add to its engineering and design centre in New Zealand and distribution hub in Sydney.
Tenaska Solar Ventures has opted to use only conventional PV modules at its planned 150MW PV power plant in Imperial Valley, California cancelling plans to use Soitec’s concentrated PV (CPV) technology for part of the original project.
Kyocera has installed a solar powered recharging station for electric vehicles, aimed at increasing clean energy generation and providing energy security in the event of disaster.