Recent reports that the US and India are close to reaching an agreement in the trade dispute over India’s local content rules for solar equipment have been refuted by a top US trade official.
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.
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.
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.