Professional business bank Bridge Bank Energy and Infrastructure Group (EIG) has announced the closure of a US$13 million financing deal for several solar installations in the US.
Suntech Power Holdings has revealed that a group of eight Chinese banks have filed a petition for insolvency and restructuring of the company’s main manufacturing subsidiary, Wuxi Suntech.
Renewable energy feed-in tariffs in Africa could boost its economy whilst combating climate change, finds a new study developed for the World Future Council.
Mitsubishi Corporation, Innovation Network Corporation of Japan (INCJ) and investment company Solar Ventures have acquired Solar Holding, which has a PV portfolio of 42MWp in Italy.
Italian PV installer Aion Renewables SpA will file for bankruptcy after Italian district court Reggio-Emilia rejected its insolvency plan, following its request in December 2012.