Financial & Legal

August 21, 2017
North American renewables investor Sammons Renewable Energy (SRE) has purchased a 194MW portfolio of utility-scale solar projects in North Carolina from developer Heelstone Energy Holdings.
August 21, 2017
Sweden-based flexible CIGS thin film solar cell equipment supplier Midsummer has received a follow-on order from an undisclosed customer.
August 21, 2017
Taiwan-based PV cell and module manufacturer Motech Industries continued a fourth consecutive quarterly loss, yet losses declined on increased solar cell shipments in the second quarter of 2017.
August 21, 2017
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
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.

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