Financial & Legal

March 19, 2015
Flexible CIGS thin-film producer Ascent Solar Technologies reported 2014 annual revenue of US$5.33 million on net losses of US$43.3 million.
March 18, 2015
Struggling US solar rooftop installer RGS Energy has been successful in renewing a revolving line of credit with Silicon Valley Bank and existing loans with Riverside Fund III, division of the firms largest shareholder, Riverside Renewable Energy Investment.
March 18, 2015
Sunnova announced the beginning of the EZ Own programme, which it claims will allow homeowners to have a solar power system with no upfront or maintenance costs.
March 17, 2015
PV wet chemical equipment and materials supplier, RENA GmbH has changed its name to RENA technologies GmbH and appointed a new CEO as the company prepares to exit insolvency proceedings that will result in Jürgen Gutekunst, founder and former CEO of RENA GmbH leaving the company.
March 13, 2015
PV manufacturing equipment specialist Smit Ovens has filed for bankruptcy in the Netherlands to restructure its operations.
March 11, 2015
Major institutional investors have warned politicians that interfering in solar support schemes could spook the market and lead to large amounts of investment being lost.
March 11, 2015
Renewables will be a focus of German energy companies E.ON and RWE, according to their earning reports for 2014.
March 9, 2015
Residential installer SolarCity has expanded access to its solar bonds in the US.
March 5, 2015
UK-based thin-film start-up, Oxford Photovoltaics, has secured at least a further £8 million (US$12.1 million) in venture capital funding to further plans to commercialise its blend of perovskite materials under a licensing model.
March 5, 2015
PV project developer and EPC firm, Solar Power, Inc (SPI Solar) has secured a credit line of over US$1.6 billion from China Minsheng Bank, China Construction Bank and Suzhou Bank.

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