Having received court judgements on non-repaid loans from Suntech Power Holdings, some of the small bondholders are seeking Chapter 7 bankruptcy proceedings against the company.
The European Commission has announced a list of 140 electricity projects that will be fast tracked and have access to a funding pot of €5.85 billion (US$7.9 billion).
Investment in clean energy in the third quarter of 2013 was down 20% year-on-year, marking a “worrying” loss of momentum in the sector, according Bloomberg New Energy Finance.
Energy Team Brasil, the Brazillian subsidiary of European renewable project developers, Energy Team SRL Brixen, is planning to build a 40MW PV rooftop array in Brazil.
The International Finance Corporation (IFC), an arm of the World Bank, is planning to launch a new financing facility to pump-prime small-scale PV development in emerging markets, PV Tech has learned.
A central figure in SolarWorld’s successful fight to obtain anti-dumping duties on Chinese imported solar products in the US has been replaced as president of its US operations.
The performance of a number of large PV installations in the US dipped over the summer following a series of weather anomalies, prompting calls for greater awareness of climatic risk in project financing.
