Major renewable energy provider SunEdison has secured new term loans to reduce debts but carry an interest rate of LIBOR + 10.0% per annum through mid-2018.
Taiwan-based merchant solar cell producer Motech Industries has reported December, 2015 sales reaching a new record high, the fourth consecutive month of record sales.
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.
Silicon Module Super League (SMSL) member Yingli Green Energy has restored its listing compliance with NYSE requirements, as expected after a reverse stock split.
Google is expanding its online solar service that helps customers assess cost and benefits of installing solar on rooftops to be able to reach more homeowners.
China-based Photovoltaics Energy Provider (PVEP) GCL New Energy, a subsidiary of leading polysilicon and solar wafer producer, GCL-Poly expects to raise approximately US$302 million by way of a rights issue.
Leading Silicon Module Super League (SMSL) member Trina Solar has appointed Citigroup Global Markets Inc., as its financial advisor and Kirkland & Ellis as its international legal counsel to handle the proposal by Trina Solar’s founder, chairman and CEO, to purchase all outstanding NYSE shares and lake the company private.
PV component and module manufacturer RenewSys India (RIPL) has ordered a 100MW solar cell line from unnamed European manufacturers in order to expand its own manufacturing facility in Hyderabad.
