Power Plants

LDK Solar’s Cayman Island liquidators with the support of two major investors are attempting to start restructuring proceedings in Hong Kong of LDK Solar’s key asset, its polysilicon production operations, LDK Silicon & Chemical Technology Co.

Sharp Corporation could be preparing to sell on Recurrent Energy, the US PV project developer it acquired in 2010, according to news reports.

Two Chinese companies, Winsway and Guangdong East Power, will partner on 200MW of PV projects in Japan, according to news reports.

Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, company officials including chief executive Elon Musk revealed alongside the US state’s governor at a press conference yesterday afternoon.

PV developer OCI Solar Power is making progress on a number of solar projects that will add 145MW of solar power to Texas’ energy mix this year.

Solar power provider SolarCity is expanding its operations once again with the addition of 20 new operations centres in seven states.

China-based PV manufacturer and developer Hareon Solar said a framework agreement had been signed with real estate developer, Jiangshan Yongtai Investment Holdings to develop ground and distributed generation (DG) projects totalling as much as 1GW over the next three years.

Utah’s Public Services Commission has rejected for now proposals for a net metering charge on solar users in the state.

Major monocrystalline wafer producer, LONGi Silicon Materials has reported wafer sales of 789MW for the first half of 2014, an increase 41% compared to the same period a year ago.

Clean energy consultant, Mercom Capital, has readjusted its forecast for 2014 solar installations in India from 1GW to 900MW in its quarterly update of the Indian Solar market.