Financial & Legal

March 27, 2013
Struggling China-based PV manufacturer LDK Solar has sold shares to Hong Kong-based Fulai Investments for around 30% less than it charged only last month.
March 25, 2013
JA Solar’s strategy of shifting sales from solar cells to modules has been achieved but at the cost of flat-lining business that started in 2011 and is expected to continue in 2013.
March 25, 2013
According to reports, Suntech Power Holdings Dr. Shi, the ousted Executive Chairman and current CEO, David King have both been detained by Chinese police.
March 22, 2013
Solar manufacturer Bosch Solar Energy is reviewing its future in the solar industry amid heavy losses suffered in 2012.
March 22, 2013
Professional business bank Bridge Bank Energy and Infrastructure Group (EIG) has announced the closure of a US$13 million financing deal for several solar installations in the US.
March 20, 2013
Germany's S.A.G. Solarstrom has received a solar financing commitment for EUR40 million (US$52 million) from Deutsche Bank.
March 20, 2013
Suntech Power Holdings has revealed that a group of eight Chinese banks have filed a petition for insolvency and restructuring of the company’s main manufacturing subsidiary, Wuxi Suntech.
March 19, 2013
Mitsubishi Corporation, Innovation Network Corporation of Japan (INCJ) and investment company Solar Ventures have acquired Solar Holding, which has a PV portfolio of 42MWp in Italy.
March 19, 2013
Italian PV installer Aion Renewables SpA will file for bankruptcy after Italian district court Reggio-Emilia rejected its insolvency plan, following its request in December 2012.
March 18, 2013
Long-standing and third ranked LDK Solar executive, Dr. Liangbao Zhu has resigned from the company with immediate effect.

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