A recent reverse stock split has helped JA Solar regain NASDAQ stock market compliance in respect to a minimum bid price of US$1.00 per share. Failure to meet the bid price would have led to delisting from the exchange.
Hawaiian nut company Hamakua Mac Nut has announced the installation of a 30,000 square foot, US$1.5 million, PV system expected to generate 75% of its electricity needs.
Solar wafer slurry recycling specialist SiC Processing has been granted self-administration while it goes through insolvency proceedings in the District Court of Amberg, Germany.
The boards of Taiwan-based PV manufacturers Neo Solar Power (NSP) and DelSolar have approved the second stage of the planned merger of the two companies.
GDF SUEZ has entered into an agreement to sell a 60% equity interest in its 680MW Canadian renewable generation portfolio to Mitsui & Co and a consortium led by Fiera Axium Infrastructure.
The Energy Solutions division of German technology manufacturer Gildemeister has been awarded contracts worth €29.2 million (US$38.5 million) to deliver PV power plants and energy storage technology in Romania, Germany and Italy.
Specialist PV equipment supplier, GT Advanced Technologies (GTAT) said it would exit the Directional Solidification System (DSS) market altogether due to market conditions that are not expected to recover sufficiently to justify continued involvement in the sector.
On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW Entwicklungsbank, has signed a €10 million (US$13 million) loan guarantee with Brazil’s Companhia Energética de Minas Gerais (CEMIG) for the Solar World Cup 2014 project.
