According to Hanwha Q CELLS, the US International Trade Commission (US ITC) has voted to begin an investigation of alleged patent infringement by JinkoSolar, LONGi Solar, and REC Group, in relation to its US [215] patent on solar cell passivation layer structures.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp recently held its ‘Capital Markets Day’ event that indicated a slow turnaround in its business fortunes would be a key development in 2019.
A key challenge for a company that has undergone several major restructurings in recent years has been the lack of profitability.
Diversified renewables firm Shunfeng International Clean Energy (SFCE) is close to an agreement to sell its manufacturing operations, which include Wuxi Suntech, as well as other international operations, including power plant monitoring firm, meteocontrol to reduce debts of RMB12,295.3 million (US$1.83 billion).
France-based renewable energy firm Neoen has secured US$280 million in debt financing from Bancomext, Natixis and Société Générale for its 375MW El Llano solar project in the state of Aguascalientes in Mexico, the company's largest such project to date.