A report, four years in the making, has been released by the US Department of Energy (DOE), Office of Inspector General into the collapse of CIGS thin-film producer, Solyndra, and the way more than US$500 million of loan guarantees were given out by the department to the failed company.
According to Dutch media reports, Heerlen, Netherlands based solar cell producer, Solland Solar, a subsidiary of Italian industrial firm Pufin Group, has filed for bankruptcy protection.
Tesla chief Elon Musk purchased US$5 million worth of SolarCity shares a few days after the head of a short-selling hedge fund ignited a war of words with SolarCity’s own CEO, Lyndon Rive.
Tier-one PV manufacturer JinkoSolar has raised its module shipment guidance for the full-year. The company expects shipments to be in the range of 4.0GW to 4.5GW, up from previous guidance of 3.3GW to 3.8GW.
India is expected to install 2.5GW of solar in 2015, significantly up from the previous forecast of 2GW, under the latest quarterly ‘India Solar Market Update’ from Mercom Capital Group.
Leading semiconductor equipment supplier Applied Materials (AMAT) has confirmed to PV Tech that it is to close its Precision Wafering Systems (PWS) wire saw business, headquartered in Switzerland and stop development on its ‘Solion’ ion implant product.
Major tier-1 PV manufacturer Yingli Green Energy is at threat of receiving a NYSE de-listing warning as its shares have traded below the US$1.0 threshold for the last 20 days of consecutive trading.
Inverter manufacturer Ingeteam has been granted a €55 million (US$61 million) loan by the European Investment Bank (EIB) for its research and development of renewable energy.
Hanergy Thin Film Power has issued a profit warning for its first half 2015 results as its primary customer, Hanergy Group, recently cancelled a major connected transaction to appease a Hong Kong stock market investigation into Hanergy TF’s viability when the majority of a sales go through its privately held parent company.
