Financial & Legal

August 18, 2017
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
August 18, 2017
D. E. Shaw Renewable Investments (DESRI) has acquired a 40MW solar project which is still under construction in California from First Solar.
August 17, 2017
Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
August 16, 2017
The insolvency administrator for SolarWorld AG's shares in Solarparc GmbH, Deutsche Lithium GmbH and SolarWorld Americas said it was focusing its efforts on finding buyers for these companies.
August 15, 2017
Major PV inverter manufacturer Sungrow Power Supply Co Ltd has reported strong first half-year financial results due to strong demand in China and key markets such as South East Asia.
August 15, 2017
Solar project development, acquisition and asset management company Nautilus Solar has acquired a 13.3MW community solar portfolio previously owned by integrated solar manufacturer ReneSola.
August 11, 2017
Struggling US-headquartered solar PV encapsulant producer STR Holdings foray into recapturing market share by producing in China has come to an end with the closure of its manufacturing operations in the country.
August 11, 2017
International solar PV systems integrator Phoenix Solar said that it was forced to lower its full-year revenue guidance, due to delays in securing previously expected PV power plant projects for completion in 2017. However, its project pipeline hit a new record.
August 11, 2017
The Clean Energy Finance Corporation (CEFC) has provided a AU$90 million loan to two Edify Energy solar projects near Collinsville, north Queensland, Australia, which are soon to start construction.
August 11, 2017
PV and electronics equipment manufacturing and automation specialist Manz AG said it expected to generate revenue of at least €350 million in 2017, including significantly improved and positive EBIT as it starts execution of its large CIGS thin-film orders.

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