Financial & Legal

July 13, 2017
PV specialist equipment supplier centrotherm has secured a number of sputtering systems tool orders for two turnkey CIGS thin-film facilities being supplied by equipment and automation specialist Manz for JV customers Shanghai Electric Group and Shenhua Group.
July 13, 2017
Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
July 13, 2017
SolarWorld Americas the subsidiary of bankrupt integrated PV module manufacturer SolarWorld AG said it would receive a US$6 million cash infusion from its parent company’s financial lenders to continue reduced operations after recent workforce reductions and support its co-petition with bankrupt US rival Suniva in the ITC ‘Section 201’ case.
July 12, 2017
Italian PV project developer Enertronica announced that its board of directors have given their approval for a US$18.2 million convertible bond.
July 12, 2017
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
July 12, 2017
Taiwan-based cell and module producer Neo Solar Power (NSP) has sold the former solar cell and module assembly plant of DelSolar to specialist semiconductor manufacturer Maxchip Electronics for around NT$1,252 million (US$41.1 million).
July 12, 2017
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
July 7, 2017
A total of US$35.6 billion was invested in solar energy worldwide in Q2 this year, according to Bloomberg New Energy Finance (BNEF).
July 7, 2017
Major metallization paste producer Heraeus Photovoltaics said it had lost a patent case against Taiwan-based Giga Solar in the Taiwanese Intellectual Property Court but noted it was reviewing the findings before deciding on an appeal.
July 6, 2017
London-headquartered investment firm Foresight Group has acquired the 7.2MW Vale Matanças solar farm in Alcácer do Sal, Portugal, developed by Exus Management Partners.

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