Financial & Legal

March 27, 2020
‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) is to build a 60GW solar module megacomplex in Hefei City, China at a cost of approximately US$2.5 billion over a four-year period.
March 27, 2020
Plan by California Public Utilities Commission hinges upon the roll-out of high volumes of solar (11GW) and battery storage (8.87GW) in US state hit by outages in recent years.
March 27, 2020
German parent of green energy developer BayWa r.e. says it is ‘well positioned’ in year where unit will seek new shareholders and work to deliver 690MW solar pipeline.
March 27, 2020
Sector can contribute to economic recovery of pandemic-stricken nation if state acts to extend deadlines and counter the delays virus is creating, says association ANIE Rinnovabili.
March 26, 2020
‘Solar Module Super League’ (SMSL) member discloses that its manufacturing operations in Jiangsu, China had suffered an outbreak of COVID-19 that had necessitated a temporary partial shutdown.
March 26, 2020
Having already guided expected GAAP net losses of US$145-195 million for 2020, high-performance PV manufacturer, SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
March 26, 2020
CEO Elon Musk claims the PV panel production line it closed Monday in New York will reopen ‘as soon as humanly possible’ to help make devices critical to saving those afflicted by virus.
March 26, 2020
‘Solar Module Super League’ (SMSL) member concludes facilities in Ohio and Malaysia are exempt so far from government restrictions, while Vietnam factory remains 'not affected'.
March 26, 2020
IPP stands by its Q1 2020 power production forecasts and says it remains too early to predict any potential impact on solar project completion dates from the COVID-19 outbreak.
March 26, 2020
Government orders state, local and police reps to ensure staff are allowed to work at offices and access installations, the latest green energy reprieve by a country facing steep 2022 targets.

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