Markets & Finance

German PV equipment specialist Singulus has cleared the second hurdle in its financial restructuring process.

Chinese PV panel manufacturer Suntech Power will have to pay US$5 million in order to settle a federal class action lawsuit that accuses the company of withholding lackluster financial news from its shareholders.

India’s Ministry of New and Renewable Energy (MNRE) has invited proposals for the implementation of its Solar Cities programme, involving turning 100 small townships, industrial towns and institutions into ‘green campuses’ involving renewable energy generation.

‘Silicon Module Super League’ (SMSL) member Canadian Solar has revised upwards shipments and revenue guidance for the full-year 2015.

Industry veteran Nigel Morris, chief executive at RoofJuice Australia, who has been in the solar game for more than two decades, explains how Australia reached 5GW of solar and describes some of the political challenges ahead.

German equipment supplier Singulus’ efforts to head off insolvency have received a boost after bondholders approved proposals for the financial restructuring of the company.

Total solar capacity installed in the UK has broken through the 10GW barrier, according to new data from Solar Intelligence.

Indebted PV module manufacturer Yingli Green Energy has been rumoured to be securing over US$500 million in new debt financing from a Chinese state bank and a provincial government where it operates manufacturing facilities.

The willingness of politicians to support solar looks set to become a key issue in the forthcoming federal elections in Australia, a poll suggests.

Solar projects commissioned under government of India and state policies are likely to reach 3,790MW within the year 2015/16, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).