Financial & Legal

October 2, 2014
The closure of Masdar PV’s a-Si thin-film operations that were announced in May, 2014 has subsequently and inevitably led to the sale of the production line equipment, which will take place in an online auction conducted by Maynards on October 8.
October 1, 2014
First Solar has welcomed a new US$1 billion loan agreement between the US Export-Import Bank and the Indian Renewable Energy Development Agency (IREDA).
September 30, 2014
India and the US are close to signing a billion dollar financing deal for renewable energy projects, according to reports.
September 26, 2014
The Overseas Private Investment Corporation (OPIC) has issued its first green guaranties to US investors to back climate-friendly projects, with US solar firms expected to benefit.
September 24, 2014
Leading US PV installer SolarCity has broken ground on its new 1GW fab in New York State, where it will manufacture modules with Silevo, the West Coast start-up it acquired earlier this year.
September 22, 2014
The European Investment Bank (EIB) is to provide a €23 million (US$29.5 million) loan for solar development in West Africa.
September 18, 2014
Solar prices in the US in 2013 fell by a further 15% year on year, a study from the Department of Energy and Lawrence Berkeley National Laboratory has found.
September 18, 2014
Three of Cayman Islands-registered LDK Solar’s US-based subsidiaries are to file for Chapter 11 bankruptcy, supporting attempts to restructure rather than fold the company.
September 17, 2014
Chile’s government has released CLP780 million (US$1.3 million) to fund the early-stage development of 51 renewable energy projects totalling 740MW.
September 16, 2014
Taiwan-based solar cell producer, Solartech Energy is investing approximately US$16.2 million in Malaysia-based solar cell producer, TS Solartech Sdn Bhd, a subsidiary of Tek Seng Holdings Bhd.

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