The US Department of Energy (DOE) is making a US$13 million investment in five separate projects designed to improve manufacturing competitiveness in the domestic solar industry.
Specialist US-based solar wafer producer, 1366 Technologies has received a further US$2.5 million in Series C financing bringing the round to a total of US$17.5 million.
Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.
Shunfeng Photovoltaic is planning to place a 10-year convertible bond valued at HK$3,580,000,000 (US$461.77 million) with selected investors to pay for the US$492.3 million acquisition of Wuxi Suntech via court administrators in China.