SolAero Technologies, a provider of satellite solar power and structural solutions, have officially acquired Vanguard Space Technologies — a provider of aerospace structural products and assemblies.
Solar power company Canadian Solar announced that Dr. Huifeng Chan has been appointed as senior vice president and chief financial officer of the company — effective 22 May 2016.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has made further revisions to its planned manufacturing capacity expansion plans for 2016, while reiterating previously guided PV module shipments for the year.
Struggling China-based PV manufacturer Yingli Green Energy has reported a full-year 2015 net loss of US$864.6 million on revenue of US$1,538.5 million. The company had recently guided a net loss in the range of US$894.1 million to US$909.7 million.
French oil major Total’s €950 million acquisition of battery manufacturer Saft puts the company at the front of the pack of fossil fuel firms looking to diversify, according to SolarPower Europe CEO James Watson.
French renewables firm Engie, formerly GDF Suez, the largest independent power producer in the world, recently signed a long-term PPA for a 100MW concentrated solar power (CSP) project in South Africa.
SunEdison yieldcos TerraForm Power and TerraForm Global have amended agreements with key lenders to allow them more time to file their financial results and audit.
