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.
MEMC Electronic Materials has said it plans to drop its name that has been in existence for decades and take on its subsidiary SunEdison as the corporate moniker.
Solar finance broker Clean Power Finance has formed partnerships with installers Roof Diagnostics and Trinity Solar to expand the availability of its residential solar financing options to installers in Connecticut, Maryland and New York.
Suntech Power Holdings has struck a temporary deal with note holders on its US$541 million of bonds due on March 15 by delaying payment a further two months while more talks are undertaken.
German PV manufacturer SolarWorld has confirmed that Boris Klebensberger, Chief Operating Officer and member of the management board since October 2001, has left the company.
The local court in Amberg, Germany court has appointed Dr Hubert Ampferl, partner of Nuremberg-based law firm Dr Beck & Partner, as supervisor of SiC Processing, which is operating as ‘debtor-in-possession’ during insolvency proceedings.