Integrated PV manufacturer and project developer ReneSola said it planned to undertake a reverse stock split in February, 2017 to restore its compliance with the New York Stock Exchange’s (NYSE) minimum US$1.0 stock price rules.
Major Electronics Manufacturing Services (EMS) provider Flex has acknowledged the scale of the impact on its business with the bankruptcy last year of its largest solar energy client, SunEdison.
Indian state-owned electricity equipment supplier and PV project developer Bharat Heavy Electricals Ltd (BHEL) has officially opened its upgraded and extended PV module manufacturing operations in Bangalore, Karnataka state, India.
Specialist German-based PV module manufacturer Solarion is expanding its c-Si-glass-foil module production to meet parent company, OC3 AG pipeline of commercial and industrial rooftop projects in Turkey.
Silicon Module Super League (SMSL) member JinkoSolar is to supply its high-efficiency Eagle PERC modules to the University of New South Wales, Australia, for one of its rooftop PV projects.
Specialist PV manufacturing equipment supplier Amtech Systems has reported new solar orders since the end of September, 2016 have topped US$60 million, driven by PV manufacturers in China, Malaysia and Taiwan.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million.
Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.