Financial & Legal

Chinese PV manufacturer Baoding Tianwei Baobian Electric has had its bonds de-listed from the Shanghai Stock Exchange (SSE).

PV developer American Capital Energy (ACE) has begun construction on nine solar power projects totalling 22MW on Cape Cod and Martha’s Vineyard, Massachusetts.

Sempra US Gas & Power and Consolidated Edison Development have announced they will partner on a 360MW solar portfolio in the US.

Sungrow Power Supply reported more than a doubling of PV inverter sales and shipments in 2013, supported by its first move advantage and leadership position in the rapidly growing Chinese market.

The largest US solar installer, SolarCity deployed 280MW of PV installations in 2013, with plans to top 500MW in 2014 as it continues to race towards installing as much PV as possible before US tax equity incentive schemes are significantly reduced in 2017.

Minnesota made significant strides in strengthening its solar crediting policies last week, as the state’s Public Utilities Commission (PUC) approved the nation’s first statewide methodology for calculating the value of consumer-generated solar energy.

Suntech Singapore has failed to pay the US$263.9 million awarded to Suntech Power Holdings subsidiary Power Solar System (PSS).

Major tier one PV manufacturer JA Solar reported better than guided shipments for the fourth quarter of 2013, while ending two years of quarterly losses on revenue of US$357.3 million.

Enel Green Power reported strong annual results as its parent company announced plans to increase investment in emerging markets and renewable energy.

The Swiss Federal Council has approved changes to the country’s energy regulations that will allow small PV system owners to consume the electricity they generate.