Financial & Legal

Public Service Enterprise Group (PSEG)’s Solar Source subsidiary has acquired a 12.9MW solar power plant from Colorado based solar generator, juwi.

Leading Chinese polysilicon and wafer manufacturer GCL-Poly is to abandon plans for the US$1.3 billion sale of its wafer business.

Québec-based power producer, Boralex has made an offer to acquire Enel Green Power’s French subsidiary.

Juwi has secured a new €300 million (US$377 million) finance package, clearing a key hurdle for its proposed takeover by MVV Energie.

A Chinese billionaire and one of the countries’ leading sportswear brands have invested US$140 million in project developer, SPI Solar.

Global solar developer, SunEdison, has closed a US$146 million debt facility to build 81.7MW of solar in the Central American country, Honduras.

Global PV module manufacturer, Hanwha SolarOne’s Qidong, Jiangsu subsidiary has been given a US$23 million loan.

The joint provisional liquidators (JPL’s) of Cayman Islands registered LDK Solar are to hand back management of the bankrupt firm to its management.

Taiwan-based solar cell producer, Gintech Energy, reported a major turnaround in monthly sales for November, having seen a slide since June, due to the US anti-dumping case.

Trina Solar, newly crowned as 2014’s top module manufacturer, is buying a minority stake in Shuntai Leasing in a move aimed at underpinning its downstream and manufacturing growth plans.