Companies

US Residential solar PV installer SolarCity has stopped operating in the US state of Nevada after the Nevada Public Utilities Commission (PUC) approved a plan that will restrict net metering credits and boost charges against solar users in the state.

Quercus Assets Selection, an investment company focusing on renewable energy, and Swiss Life Asset Managers, have acquired Antin Solar Investments (ASI) along with its 77.1MW solar PV portfolio in Italy through a competitive bidding process.

PV manufacturing equipment specialist Singulus is to supply one of its PV cell production lines to an Indian manufacturer.

Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.

Li Guangim, the financial controller and an executive director of troubled Chinese manufacturer Hanergy Thin Film Power has resigned from the company.

Integrated PV module manufacturer Trina Solar will divide its downstream project development business to two separate entities.

Yingli Solar will avoid the ignominy of a de-listing from the New York stock exchange following the announcement of a ten-to-one reverse stock split.

Hanergy Thin Film Power appears to be facing fresh troubles, with the company accused of leaving rent unpaid on a Hong Kong office, according to a report in the Financial Times.

The lack of relevance of the MIP to global pricing movements during 2015 was the nail in the coffin for Trina, writes Finlay Colville.

Leading module manufacturer Trina Solar looks set to go private following a buyout proposal from its chairman and chief executive, Jifan Gao.