Financial & Legal

January 8, 2014
Hanergy Group has secured financing from several Chinese banks totalling around 20 billion yuan (US$3.3 billion), according to reports, as it looks to become a major PVEP (PV Energy Provider) employing a-Si and CIGS thin-film technology for downstream PV power plants.
January 6, 2014
China WindPower Group (CWP) has secured RMB5.7 billion (US$924 million) in project financing for its PV pipeline.
December 20, 2013
Crystal-growing equipment specialist, PVA TePla, has lowered its sales forecast for the year after experiencing a delay in a PV equipment order processing.
December 18, 2013
Having acquired amorphous silicon (a-Si) thin-film equipment supplier Oerlikon Solar for over US$280 million in 2012, Tokyo Electron (TEL) has made an impairment charge on the operations of around US$214 million, revaluing the operations at around US$71 million.
December 16, 2013
No solar projects were successful in the second national energy tender auction in Brazil.
December 16, 2013
Chinese PV manufacturer Goldpoly New Energy Holdings has continued the expansion of its downstream business with the acquisition of a Zhongli Talesun subsidiary and with it 180MW worth of PV projects.
December 13, 2013
The IFC, part of the World Bank, has signed an agreement with China’s Chint Group to develop solar farms and supply chains in emerging markets.
December 12, 2013
Specialist US-based solar wafer producer, 1366 Technologies has received a further US$2.5 million in Series C financing bringing the round to a total of US$17.5 million.
December 12, 2013
Restructuring and cost-cutting efforts at PV equipment and technology specialist, Amtech Systems helped limit fourth quarter financial year losses to US$1.7 million, a highlight in what has been another difficult year for the company.
December 12, 2013
A consortium headed by GE Energy Financial Services has completed an equity investment in the 143MW Catalina Solar PV power station in Rosamund, California.

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