JinkoSolar plans to issue 3.5 million American Depositary Shares (ADS) that the company said in an SEC filing could net it significant new capital to fund capacity expansion and other activities.
German-based PV module manufacturer and project developer, aleo solar, is withdrawing from the US market due to its operations continuing to be unprofitable, according to a short company statement.
Commercial and industrial customers of US energy and energy services retailer Direct Energy will soon be able to utilise solar power at ‘little or no upfront cost’, following an agreement the company has signed with PV energy services provider SolarCity.
Taking advantage of a general run-up in solar sector shares on both the NASDAQ and NYSE, several leading companies are planning to sell new tranches of stock, including Yingli Green, SunEdison and GT Advanced Technologies.
Hanergy Holding is transferring the intellectual property (IP) rights to Solibro’s copper-indium-gallium-selenium (CIGS) thin-film technology to subsidiary, Apollo Kunming.