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.
The ‘solar winter endures’ at PV equipment supplier BTU International, opined Paul J. van der Wansem, BTU Chairman and CEO, in a conference call that garnered no financial analyst questions.
SolarCity and American Honda Motor Co have announced a partnership aimed at making solar power more affordable to customers in the US by providing a cleaner source of electricity at a lower cost than utility-supplied power.
Solar Frontier strengthened its position as the closest thin-film PV module manufacturer competitor to First Solar in 2012, posting record revenue of US$833 million (JPY78.2 billion).
