Thin-film PV module developer and manufacturer Ascent Solar Technologies, Inc. has reached an agreement with investors that will see the company secure US$32 million in senior secured notes and warrants in order to buy shares of its common stock in a private placement.
Tier-one PV manufacturer, ReneSola has said that a new framework agreement with Chinese retailer, China Seven Star Holdings, could lead to the sale of around 200MW of existing and planned PV projects within 18 months.
Polysilicon producer, REC Silicon reported second quarter revenues of US$126.8 million, compared to US$113.3 million in the previous quarter, due to higher demand for fluidised bed reactor-based granular polysilicon and a 4% increase in selling prices.
Solar and wind energy provider Juhl Renewable Energy Systems, a subsidiary of Juhl Energy, has been appointed the lead contractor for all rooftop PV systems installed through Solar Chicago, a programme serving Chicago, Illinois and other surrounding communities.
Shunfeng Photovoltaic International has postponed a large stock share issue announced in May 2014 due to recent volatility on international and Hong Kong stock markets.
Pacific Energy Solutions, LLC (PES) has received a US$334 million contract from the Naval Facilities Engineering Command (NAVFAC) Pacific to develop, built, own and operate PV plants at military bases in Hawaii.
US-based solar installer Greenskies Renewable Energy has reached a US$82 million financing deal with Dutch multinational company Rabobank that will see Greenskies finance more than 60 solar projects in Connecticut and three other states, HartfordBusiness.com reports.
