High-efficiency PV module producer and project developer SunPower has announced further restructuring plans that include the closure of its 700MW, IBC solar cell plant in the Philippines and a 25% reduction in its global workforce.
US-based residential and small commercial PV installer RGS Energy is issuing new shares ahead of a final NASDAQ hearing in December 2016 over whether the company would be de-listed as it has not complied with the minimum stock price rule.
Major global food company Nestle Group has agreed to have a rooftop solar system installed at one of its facilities in China by Goldman Sachs-backed rooftop PV specialist Asia Clean Capital (ACC).
Two companies are constructing a 1MW solar PV plant in Thailand using various combinations of technologies in order to set up a learning centre and advisory board to help solar developers across the Southeast Asia region.
US-based PV project developer Swinerton Renewable Energy’s O&M subsidiary, SOLV said it had added 1.25GW of PV assets to its operating fleet in 2016, taking PV asset management to 3.25GW.
Finland-based energy firm Fortum has invested €5.2 million in Exeger Sweden AB, dye-sensitized solar cell start-up to help support the launch of commercial products in 2017.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.
India-based PV module and EVA encapsulant manufacturer RenewSys India Pvt Ltd said it had started ramping its 100MW highly automated multicrystalline solar cell line at its Hyderabad facility.
