Power Plants

GCL-Poly Energy Holdings, the largest polysilicon and wafer producer in the PV industry has confirmed the sale of its wafer production assets for approximately US$1.3 billion in cash.

Hanwha Q CELLS has launched a 100kWp ‘all-in-one’ PV system kit in France, with one of the company’s sales managers for the region stating that Q CELLS expects next year to be a “promising” one in the French market.

Korean conglomerate, LG, has merged its Solar, Lighting and Energy Storage System (ESS) business units into a new ‘Energy Business Center’ in an effort to boost its competitiveness.

Sputnik Engineering, the parent company of Swiss inverter manufacturer Solarmax, will file for insolvency this week PV Tech has learned.

Panasonic Enterprise Solutions plans to add to California’s Kern County solar complex with the development of a 26MW project near Lost Hills.

Germany’s amended renewable energy laws were granted state aid approval by Brussels on Tuesday, the final political hurdle to their adoption.

A member of Thailand’s National Reform Council is to propose to parliament a new energy law, national energy council and energy policy committee to promote solar energy in Thailand and to avoid social unrest.

Leading PV manufacturer, Yingli Green Energy has slashed full-year module shipment guidance that indicates almost zero shipment growth for 2014.

PV developers 8minutenergy Renewables and Gestamp Solar have signed a 25-year power purchase agreement (PPA) with the Imperial Irrigation District (IID) in California for the electricity generated from their planned 30MW Midway III solar farm in California.

Major PV energy provider SunEdison is forming a joint venture with Brazil’s largest renewable energy company, Renova Energia S.A. to build 1GW of PV power plant projects in Brazil.