Former China-based integrated PV manufacturer LDK Solar, which entered liquidation proceedings in the Cayman Islands and bankruptcy in mainland China has resulted in major creditor losses and its wafer and cell production operations being acquired.
The Australian Renewable Energy Agency (ARENA) has committed up to AU$18 million in funding to build the first phase of a AU$120 million solar-wind-storage project by Windlab and Eurus that will deliver renewable energy on demand.
Financiers Connor, Clark & Lund Infrastructure and Samsung Renewable Energy have closed a CA$633 million solar bond financing for the 100MW Kingston Solar project in Canada.
After a week in Taiwan, overlapping with the PV Taiwan exhibition and conference in Taipei last week, my main takeaway is the scale of new capacity that is confirmed to be coming online over the next 3-6 months, no matter what is happening today regarding supply levels and end-market demand. This and other conclusions from my week in Taiwan are covered in two blogs this week on PV-Tech.
In an unexpected development of the planned merger of Tesla and SolarCity, the electric car manufacturer has said that it had tentatively agreed with Japanese electronics firm, Panasonic to begin solar cell and module production at SolarCity’s Riverbend production plant in Buffalo, New York state in 2017.
In this week's Movers & Shakers segment, PV Tech reports on management shuffles in yieldcos and Chinese module manufacturers. In addition, a Canadian energy company continues its US expansion, the REEEAC appoints new members and CleanChoice Energy reveals how community solar can become 'retail 2.0'.
Tesla Motors and SolarCity are closer to combining their empires to form what could be the world’s largest solar and energy storage company, as the final referendum for the merger has been officially set for 17 November 2016.
On the day I left Taiwan after a busy week meeting with PV suppliers up and down the supply chain in May, 2016 that was organised by the Taiwan External Trade Development Council (TAITRA) the country elected its first female president, Tsai Ing-wen.
