Financial & Legal

September 5, 2017
China-based integrated PV manufacturer ReneSola has signed an agreement to sell a 24MW portfolio of ground-mount PV projects under development in North Carolina, US, to a subsidiary of Panda Green Energy - formerly known as United Photovoltaics.
September 5, 2017
India’s Directorate General of Anti-Dumping & Allied Duties (DGAD) has extended deadline for filing responses for its anti-dumping investigation into imports for solar cells and modules from China, Taiwan and Malaysia, due to requests from various stakeholders as well as attorneys from some exporters.
September 5, 2017
Thai energy and waste management firm Padaeng Industry (PDI) has acquired a portfolio of six operational solar PV farms in Thailand with a combined capacity of 30MW from Armstrong Asset Management and Dragon Capital for a total of THB1.3 billion (US$39 million).
September 4, 2017
Li Hejun, the founder of thin-film solar company Hanergy, has been banned from holding a directorship in Hong Kong for eight years.
September 1, 2017
Sembcorp Industries’ wholly-owned subsidiary Sembcorp Utilities has agreed to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14.1 billion (US$220 million).
August 31, 2017
‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology and the leading fully-integrated high-efficiency monocrystalline module manufacturer, reported first half 2017 revenue slightly down from the prior year period as a result of average selling price (ASP) declines, partially offset by product shipment growth.
August 31, 2017
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings reported lower revenue and profits than expected in the first half of 2017, primarily due to wafer price erosion, only partially offset by higher wafer production volumes and stable polysilicon prices.
August 31, 2017
The Philippines Department of Energy (DoE) has invited comments on the final draft of a new scheme that allows end-users the option to choose renewables as their source of energy.
August 30, 2017
After two years of tumbling solar tariffs hitting the headlines, the Indian industry is feeling the consequences of its risk-taking for the first time, with a series of reversing market conditions and contract renegotiations sparking serious concern.
August 30, 2017
Brazil’s energy agency ANEEL has cancelled nine solar projects totalling 249.7MW of capacity and 16 wind farms with a combined capacity of 307.7MW in its first ever de-contraction auction.

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