The dire business conditions within the solar wafering sector have forced slurry recycling specialist, SiC Processing to warn of over a €100 million in equity losses, or more than half the equity in the company as it deals with insolvency proceedings.
US solar developer Sungevity has announced the completion of a series of venture capital and project financings which, together, have secured the company up to $125 million in funding.
A 5MW solar farm in Pennsylvania has been acquired by an affiliate of D. E. Shaw Renewable Investments and project manager Bright Plain Renewable Energy.
Slurry recycling specialist, SiC Processing which is currently in receivership, has warned unsecured creditors to expect low debt recovery due to a preliminary, unaudited assessment of its assets.
The threat to Suntech Power Holdings of delisting from the New York Stock Exchange's (NYSE) has been averted after its stock price regained compliance.
Tier 1 module manufacturer and PV project developer, SunPower Corporation said it expected to incur higher direct cash restructuring costs than previously guided when reporting fourth quarter results in early February, 2013.
Energy provider SolarCity has announced a new addition to its celebrated solar investment funds offering a “back up” service to investors for extra security.
Thin-film product developer DayStar Technologies has entered into an agreement to acquire seven solar projects from Arxikon Construction Company in Greece.
Venture capital investments in solar plunged to US$992 million in 2012 compared to US$1.9 billion the previous year, representing the lowest amount since 2007, reports consulting firm Mercom Capital.
Schott Solar is to transfer to the Fraunhofer Institute for Solar Energy Systems 111 patent families relating to crystalline silicon photovoltaics, it has been announced.
