Financial & Legal

November 12, 2013
The joint secretary for the Ministry of New and Renewable Energy (MNRE), Shri Tarun Kapoor said invitations for tenders for the 4GW mega solar project in India will begin in a few months.
November 12, 2013
Specialist encapsulant supplier, STR Holdings, continues to struggle following the loss of its major customer, First Solar, last year, as third quarter sales continued to decline, forcing further plant closures and restructuring efforts.
November 11, 2013
The largest solar farm in the UK, the 33MWp plant in Wymeswold, Leicestershire, has been sold by Hazel Capital Solar and SAG Solarstrom for £43.7 million (US$70 million) to institutional investor Foresight Solar Fund.
November 11, 2013
Having been granted a provisional liquidation order in the Cayman Islands, Suntech Power Holdings has also appointed PricewaterhouseCoopers to support its restructuring efforts.
November 8, 2013
Thin-film developer Ascent Solar (Ascent), has released financial results for the third quarter of this year in which the company reported that product revenue was up by US$102,000 over the previous quarter.
November 8, 2013
Hoku Materials’ never-used polysilicon plant in Idaho has sold at auction for US$5.3 million. The company had invested an estimated US$700 million in the facility.
November 7, 2013
Real Goods Solar (RGS) has reported higher revenue and gross profit, lower operational costs and lower net loss for the third quarter of 2013.
November 7, 2013
Despite increased shipments and sales reported in its second quarter (FY) results, China Sunergy has been forced to lower quarterly and full-year guidance due Chinese banks tightening credit facilities, restricting the company’s ability to purchase materials and products for production.
November 7, 2013
German project developer SAG Solarstrom has insisted it is weathering continued difficulties in Europe's PV market despite posting a €6.9 million (US$9.3 million) loss for the first nine months of the year.
November 6, 2013
Enphase Energy has cited the roll-out its fourth generation microinverter and an expanding commercial rooftop as factors behind its record quarterly revenue posted this week.

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