Financial & Legal

August 24, 2018
The majority of member states have reportedly stuck to their original position in March 2017 calling for the trade measures to run out as soon as possible.
August 23, 2018
Building product manufacturer and distributor Gibraltar Industries has signed off on a deal to acquire SolarBOS, a California-based, privately-held provider of electrical balance of systems products for the US PV market.
August 22, 2018
Smaller companies are finding it increasingly difficult to enter the Indian large-scale solar market and partake in the multi-gigawatts of competitive auctions for PV capacity.
August 22, 2018
Major PV inverter manufacturer Sungrow Power Supply Co, recently reported a relatively strong rebound in revenue (up 10%) in the first half of 2018 but on a quarterly basis the second quarter sales increased 29% from the previous quarter, indicating that greater dependence on China and the utility-scale market with central inverters, creates a ‘solarcoaster’ ride.
August 21, 2018
PV and electronics equipment manufacturing and automation specialist Manz AG has secured another advanced payment for CIGS (Copper, Indium, Gallium, DiSelenide) thin-film manufacturing equipment, which is part of a major production order with Chinese partners, the Shanghai Electric Group and the Shenhua Group.
August 21, 2018
Major US solar farm buyer Capital Dynamics has closed on a US$1.2 billion fund to continue investing in utility-scale renewable energy projects in the US.
August 20, 2018
Arcadia Power has closed on a US$25 million investment round that the company will now use to expand its outreach to consumers and offer its services. In addition, the company announced that it is developing 120MW of new community solar projects across the US.
August 20, 2018
Fund manager African Infrastructure Investment Managers (AIIM) has acquired majority stakes in nine new solar and wind power plants in South Africa, totaling 800MW.
August 17, 2018
Thai firm B.Grimm Power Plc, through subsidiary B.Grimm Renewable Power 2 Limited, has purchased an 80% stake in a 257MW solar project in Vietnam from Truong Thanh Viet Nam Group (TTVN).
August 17, 2018
Trina Solar (Vietnam) Science & Technology, part of China-based Silicon Module Super League (SMSL) member Trina Solar, has secured a US$30 million credit facility with one of Vietnam's four largest commercial banks, VietinBank.

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