Markets & Finance

SolarWorld is close to securing financial backing from a Qatari investor, its CEO Frank Asbeck has confirmed.

Quantum Guam Power (QGP), an affiliate of power generation company Quantum Utility Generation, has secured a 25-year power purchase agreement with Pacific Green Resources.

Energy monitoring and storage firm Demand Energy Networks has announced the appointment of Gregg Patterson as its new president and CEO.

Global manufacturer Soitec has finalised a US$100 million bond to finance a utility-scale concentrating PV (CPV) plant in Touwsrivier, South Africa.

Advanced Energy Industries (AE) has started another round of restructuring aimed at taking advantage of the ‘fabless’ business model offered by recently acquired PV inverter company REFUsol.

Struggling SolarWorld has issued a few key preliminary consolidated financial figures, before disclosing full-year unaudited results.

South Korea-based polysilicon supplier OCI has cancelled all three of its long-term supply contracts with Suntech’s Chinese operations in response to subsidiary Suntech Wuxi entering bankruptcy proceedings.

A leading solar installer accused Arizona's largest utility of trying to "crush" net energy metering earlier this week.

German laser system manufacturer 4JET Technologies has announced the appointment of Uwe Stute to lead the company’s new glass and new materials division.

Struggling PV manufacturer LDK Solar is issuing another tranche of shares to Fulai Investments in return for US$25.75 million.