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.
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.
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).
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.
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.
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.
Taiwan-based cell and module producer Neo Solar Power (NSP) said its downstream PV project subsidiary General Energy Solutions (GES) had sold a 14.68MW project in Fukushima, Japan and was the first time a Taiwanese company had completed and sold a utility-scale plant in Japan.
