Leading ‘Silicon Module Super league’ (SMSL) member Trina Solar has announced that its chairman and chief executive officer, Jifan Gao has secured an investor consortium to take the company private and exit the NYSE in a US$1.1 billion transaction. The merger is currently expected to close during the first quarter of 2017.
Tesla Motors' possible acquisition of leading US residential PV installer SolarCity has been sealed with an all-stock transaction valued at around US$2.6 billion.
It’s the globe’s second largest continent, home to the some of the world’s fastest growing economies, and it has supplied precious resources to nations for hundreds of years - so why do today’s solar PV businesses find it so difficult to succeed in Africa? PV Tech spoke with Jon Sarpong, president of PV developer and consultancy Avior Global, about the challenges and opportunities for PV companies eyeing up the African market.
In this week's Movers & Shakers, PV Tech reports some recent industry mergers and acquisitions, dramatic UK solar job losses and an equally dramatic opportunity for job growth in the US with Tesla's new Gigafactory in Nevada.
Integrated PV module manufacturer SolarWorld has reported flat revenue and shipments for the second quarter of 2016, compared with the previous quarter.
Nevada’s largest utility, NV Energy, made a filing yesterday with the Nevada Public Utilities Commission to return existing rooftop solar consumers to the previous, more favourable rates for the next 20 years.
Major polysilicon producer Wacker Chemie reported flat second quarter polysilicon sales, despite stronger demand and higher average selling prices (ASPs) as inventory depletion limited shipments.
Minnesota Power tendering 300MW PV, more Brazilian states have exempted the ICMS tax on net metering, the WTO Appellate will rule on India/US solar trade case in September,
Struggling solar PV thin-film firm Hanergy Thin Film Power Group said its parent company Hanergy Holding Group had proposed a deferred payment deal on overdue debts totalling US$360 million and interest penalty payments that topped US$25 million at the end of 2015.
