Bankrupt Suntech Power Holdings said in an SEC filing that its subsidiary, Power Solar System has been granted an injunction in Singapore’s High Court prohibiting the disposal of assets claimed to be worth US$197.5 million by Suntech Singapore.
Internet giant Google is to provide US$145 million equity finance for an 82MW US PV project in the portfolio being operated by SunEdison’s spin-off yield co, TerraForm.
Industry body the Australian Solar Council has upped its campaign to ‘Save Solar’ and safeguard the country’s Renewable Energy Target (RET) through a new television advert.
PV mounting system company Clenergy will provide 1MW of anodized aluminium mounting structures to a project in Malaysia, which it calls a “strong start” to its expansion into the Southeast Asia market.
Hitachi Chemical is to enter volume production of wavelength conversion particles (WCP) that can be coated on EVA encapsulants for crystalline silicon modules and are claimed to boost conversion efficiencies up to 2.2%.
Solar Enhanced Oil Recovery (EOR) leader GlassPoint Solar is set to receive a US$53 million equity investment from the State General Reserve Fund –- Oman’s largest sovereign wealth fund – Royal Dutch Shell and other investors.
Electric power generator NextEra Energy Resources and PV systems provider First Solar have begun construction on a 250MW PV plant on the border of California and Nevada.
