Sungevity's plans for a reverse merger with shell company Easterly Acquisition Corp were scuppered after investors doubted the value of solar following Donald Trump's election. The President-elect has publicly bashed the technology, branding it "so expensive".
Rallying on the steps of the Maryland State House yesterday, clean energy supporters compared governor Hogan’s veto of a bill that would boost renewable energy to the views of the climate sceptic president-elect.
The 365MW UK solar portfolio owned by SunEdison yieldco TerraForm Power has been sold to Vortex, a European renewables investment platform of private equity firm EFG Hermes.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has sold two PV power plants in Ontario, Canada to subsidiaries of Concord Green Energy Inc for around US$115 million.
Bankrupt renewables firm SunEdison has finally got the green light to proceed with the US$150 million sale of its FBR (Fluidised Bed Reactor) technology polysilicon assets to GCL-Poly Energy Holding after a deal was struck with company spinoff SunEdison Semiconductor.
European sustainable energy innovation company InnoEnergy has invested €2 million in solar wafer epitaxial growth technology by NexWafe that increases the efficiency of solar cell manufacturing.
Monocrystalline wafer producer Comtec Solar Systems Group said it planned to sell its Malaysian facility and some of the installed production equipment to leading integrated monocrystalline ingot to module producer, Longi Silicon Materials.
