Markets & Finance

British PV company Solarcentury has announced a series of international appointments as part of its plan to expand into new markets.

PV manufacturer and project developer Centrosolar is to dispose of its solar glass operations due to falling market prices and sales volumes.

Struggling China-based PV manufacturer LDK Solar has sold shares to Hong Kong-based Fulai Investments for around 30% less than it charged only last month.

The government of Indonesia is reportedly planning to issue a tender next month seeking bids to install 150MW worth of PV plants in the country.

JA Solar’s strategy of shifting sales from solar cells to modules has been achieved but at the cost of flat-lining business that started in 2011 and is expected to continue in 2013.

The European Union should introduce universal renewable energy support mechanisms for all member states to reduce tension between conflicting policies.

According to reports, Suntech Power Holdings Dr. Shi, the ousted Executive Chairman and current CEO, David King have both been detained by Chinese police.

Solar manufacturer Bosch Solar Energy is reviewing its future in the solar industry amid heavy losses suffered in 2012.

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.

Germany's S.A.G. Solarstrom has received a solar financing commitment for EUR40 million (US$52 million) from Deutsche Bank.