SunEdison's share price surged today on news that the company would spin off its semiconductor business from its PV development business. Shares peaked on the New York Stock Exchange at US$8.34 each.
Solar polysilicon manufacturer Hemlock Semiconductor has filed a US$700,000,000 lawsuit against Green Energy Technology (GET) over an alleged breach of a long-term supply agreement.
Japanese telecommunications provider Softbank, which recently purchased US mobile company Sprint for US$20 billion, is considering the construction of a 40MW solar power plant in central Japan.
Toshiba International has begun construction on a 4MW solar project on the island of St Croix with the Virgin Islands Water and Power Authority (WAPA).
US solar power installer Heliopower has purchased Greenzu, a San Francisco company providing small commercial businesses and non-profit organisations with solar power systems.