SolarWorld Americas the subsidiary of bankrupt integrated PV module manufacturer SolarWorld AG said it would receive a US$6 million cash infusion from its parent company’s financial lenders to continue reduced operations after recent workforce reductions and support its co-petition with bankrupt US rival Suniva in the ITC ‘Section 201’ case.
At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, according to the head of the India Energy Storage Alliance (IESA).
Vietnam-based infrastructure investment firm Bamboo Capital (BCG) has signed a cooperation agreement with China-based firm Unisun Energy Group and German company Coara Solar to work on a 40MW solar project in Thanh Hoa district, Long An Province, Vietnam.
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
Taiwan-based cell and module producer Neo Solar Power (NSP) has sold the former solar cell and module assembly plant of DelSolar to specialist semiconductor manufacturer Maxchip Electronics for around NT$1,252 million (US$41.1 million).
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
Major US EPC firm Swinerton Renewable Energy (SRE) has launched a new website that focuses on its many employees working in the solar industry rather than the installations, typical across the industry.
IEA finds renewables investment down 3%, Huntec to build 370MW in Mexico, Meeco to build 57 small-scale systems in Guyana, Enel and SeedWorld collaborate to find Africa energy startups.