Tier 1 module manufacturer and PV project developer, SunPower Corporation said it expected to incur higher direct cash restructuring costs than previously guided when reporting fourth quarter results in early February, 2013.
Energy provider SolarCity has announced a new addition to its celebrated solar investment funds offering a “back up” service to investors for extra security.
Swinerton Renewable Energy has been awarded an EPC contract from K Road Moapa Solar for a 250MW PV plant in Nevada, US, following a competitive selection process.
Thin-film product developer DayStar Technologies has entered into an agreement to acquire seven solar projects from Arxikon Construction Company in Greece.
PR Fonroche, a joint-venture between India-based PR Clean Energy and France-based Fonroche Energie, and Mahindra EPC have commissioned a 5MW solar PV plant in Rajasthan, India with another 15MW plant nearing completion.
Venture capital investments in solar plunged to US$992 million in 2012 compared to US$1.9 billion the previous year, representing the lowest amount since 2007, reports consulting firm Mercom Capital.