US residential installer Astrum Solar will receive US$100 million in financing from private equity firm Hudson Clean Energy, aimed at lowering PV system costs for its customers.
Two of the most iconic names in the semiconductor equipment market, Applied Materials and Tokyo Electron, have been dropped as part of the merger between the companies.
Major Taiwanese PV suppliers such as Motech Industries, Neo Solar Power, Gintech Energy and Green Energy Technology all experienced revenue declines in June 2014 due to pending preliminary decisions on possible anti-dumping duties.
The DEK brand, including that of PV screen printing specialist, DEK Solar is to be retained as the acquisition of the company was completed, according to ASM subsidiary, ASM Pacific Technology (ASMPT).
Illinois is set to purchase up to US$30 million in PV power and connect it to the state’s energy mix for electricity consumers after legislation was signed into law Saturday that will help expand the PV rooftop market in the state.
The lack of cash within LDK Solar’s holding company, registered in the Cayman Islands has been highlighted by its Joint Provisional Liquidators (JPLs), which are still seeking sufficient funds to carry out planned restructuring duties.
