Markets & Finance

April 16, 2013
Chinese manufacturer LDK Solar has technically defaulted on repayment of a loan after making only partial payment on a $23.7 million bond due 15 April.
April 15, 2013
The Asian Development Bank (ADB) will fund a 57MW solar power project in central Thailand by providing a financing package worth US$85 million.
April 10, 2013
Suntech Power Holdings European subsidiary, Suntech Power International has gone to a court in its locality in Switzerland to stop bankruptcy proceedings.
April 10, 2013
Thin-film company Advanced Energy Industries has announced the acquisition of inverter manufacturer REFUsol Holding GmbH, effective immediately.
April 9, 2013
Shares in China’s troubled PV manufacturer Suntech rallied yesterday following unconfirmed rumours that US investor Warren Buffet is considering buying the company.
April 8, 2013
Standard Bank Group and the Industrial and Commercial Bank of China (ICBC) have inked a R20 billion (US$2.2 billion) deal to fund renewable energy projects in South Africa.
April 4, 2013
Adding to its US$1 billion, five-year financing deal with JinkoSolar, China Development Bank (CDB) has signed a US$58 million loan agreement with the module manufacturer to fund PV power plant projects in China.
April 3, 2013
The China Banking Regulatory Commission (CBRC) has warned Chinese banks that the country's PV industry represents a credit risk, according to reports.
April 3, 2013
Bill Gates has given financial backing to the development of a new energy storage system aimed at cutting the intermittency of renewable energy technologies such as solar.
April 2, 2013
An aqueous-based silver nanoparticle ink technology developed in the last 10 years by chemicals giant Beyer has been acquired by high-tech chemicals specialist Clariant International.

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