Financial & Legal

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.
March 15, 2013
GCL-Poly Energy Holdings reported around a US$432 million loss from its solar materials business in 2012, which includes polysilicon and solar wafers.
March 13, 2013
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.
March 12, 2013
Pacific Gas & Electric's "pre-Gutenberg" manual billing has been named as one of the top five biggest money wasters for California utilities.
March 12, 2013
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.
March 11, 2013
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.
March 8, 2013
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.
March 7, 2013
Chinese manufacturer Suntech has announced the resolution of its ongoing dispute with its partner GSF Capital.
March 4, 2013
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.

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