German PV module manufacturer Solar-Fabrik has said that insolvency proceedings have started in Freiburg, Germany with the local court ordering law firm Kaiser & Sozien as the insolvency administrator.
Vertically-integrated PV developer Solar Power (SPI) and its subsidiary Meitai Investment Co. has agreed to a definitive share purchase deal with Shanghai All-Zip Roofing System Group Co. (All-Zip) and all of its shareholders in order to acquire 100% of the equity interest in the company.
Leading solar panel manufacturer Yingli Green Energy announced today that it has filed for a 15-day extension of the due date to release its annual report for the year ended 31 December 2014.
Folsom Labs, the California-based developer of PV sales and design software HelioScope, has raised US$1 million in a round of funding from other major software players.
Solar developer Solairedirect has been valued at €386 million (US$414 million) after it announced its indicative share price range ahead of its forthcoming IPO.
Bundling a number of solar power generation assets into one investment fund through so-called ‘yieldcos’ is lowering the cost of renewables, while the yieldco market itself is expected to experience substantial growth in the next few years, an investment banker has said.
International downstream PV firm Conergy and developer Holocene have jointly reached financial close on a 28MW portfolio of PV projects in North Carolina.
