Financial & Legal

NRG Energy and its yieldco NRG Yield have formed a partnership to invest in residential solar leases.

Struggling PV module assembly equipment specialist Spire Corporation said 2014 financial filings would be delayed due to the exit of its former CFO in February.

Major merchant solar cell producer Neo Solar Power (NSP) reported lacklustre sales improvement in March 2015, resulting in sales remaining in the doldrums for the first quarter of the year.

South Africa’s solar investments stood out in a slow Q1 for renewable investment, according to Bloomberg New Energy Finance (BNEF).

Taiwan-based solar wafer producer Green Energy Technology (GET) reported March 2015 sales almost flat with the previous month.

US-Based ‘Direct Wafer’ producer 1366 Technologies has attracted a new investor from China and a new customer in Japan.

Dubai-based Abdul Latif Jameel Energy and Environmental Services (ALJ) has acquired Spanish PV project developer Fotowatio Solar Renewable Ventures (FRV) for an undisclosed amount.

China-based PV EPC and project developer, China Singyes Solar Technologies Holdings reported a 9.3% increase in EPC revenue for 2014, reaching RMB2,060 million (US$332.3 million).

The PV power plant project development arm of GCL-Poly has signed an agreement with CMB Nanjing bank for solar PV project financing and other corporate activities.

US headquartered PV module encapsulant producer STR Holdings has secured a major new exclusive supply contract worth potentially 500MW per annum in volume sales through its majority shareholder, China-based PV project developer Zhenfa Energy Group. Financial details were not disclosed.