German equipment supplier Singulus’ efforts to head off insolvency have received a boost after bondholders approved proposals for the financial restructuring of the company.
Indebted PV module manufacturer Yingli Green Energy has been rumoured to be securing over US$500 million in new debt financing from a Chinese state bank and a provincial government where it operates manufacturing facilities.
Sandstone Solar, a 45MW PV plant in Arizona, has been officially opened by developer Spower and utility Salt River Project, which will buy power from the plant.
Leading CIS (copper, indium, selenium) thin-film producer Solar Frontier reported that its main manufacturing plant ran at almost full capacity in 2015.
UK-based multicrystalline wafer producer PV Crystalox Solar inferred in a financial statement that it could finally benefit financially from the divergence of polysilicon and wafer prices, after several years of loss making.
Energy developer Latin America Power (LAP) has filed a suit in a New York court to secure US$150 million in project assets from SunEdison, after the planned purchase of LAP fell through due to SunEdison’s financial woes, according to reports.
Rajnesh Trivedi, senior director, sustainable investment banking at Yes Bank India, discusses how Green Bonds can alleviate the major obstacles of financing for renewables in the subcontinent.
The US Supreme Court has granted a stay that pauses the implementation of the Environmental Protection Agency’s (EPA) Clean Power Plan, which aims to spur investment in renewable energy.
Specialist PV manufacturing equipment supplier Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency.
Distributed renewable energy company UGE International has closed on its acquisition of all the issued and outstanding shares of Ontario-based solar energy firm Endura Energy Project Corp.
