Integrated PV manufacturer and project developer ReneSola said it planned to undertake a reverse stock split in February, 2017 to restore its compliance with the New York Stock Exchange’s (NYSE) minimum US$1.0 stock price rules.
Major Electronics Manufacturing Services (EMS) provider Flex has acknowledged the scale of the impact on its business with the bankruptcy last year of its largest solar energy client, SunEdison.
Leading PV manufacturing equipment supplier Meyer Burger Technology has announced orders worth over US$146 million in the last four months, which includes a new order worth CHF 18 million (US$18.03 million) for its PERC cell technology and SiNA cell coating systems from two customers based in Asia.
Taiwan-based multicrystalline wafer producer Green Energy Technology (GET) has said had terminated a sub-contracting wafer supply deal with another Taiwan-based wafer producer, Eversol Corporation
PARI Group, a number of energy saving and renewable energy businesses, has signed a letter of intent with Germany’s Renusol to acquire its European solar mounting business assets.
Capital expenditure (capex) for solar cell manufacturing is to see increased contributions in 2017 from Vietnam, India and Thailand, expanding the global footprint of cell manufacturing outside China across different countries in the Asia region.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million.
Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.
