Power Plants

Bankrupt German-based PV firm, Sunways has sold its PV inverter and BIPV businesses to Shunfeng Photovoltaic for an undisclosed sum.

Senior Moroccan officials will tour the US this June as they look to kick start the North African country’s ambitious US$12.4 billion solar plans.

US-based PV energy provider, SunEdison, has achieved financial close on a 60MW PV plant project in Kern County, California.

Egypt will invest US$1 billion in solar energy in the coming years, according to the state-run information service.

Struggling wafer manufacturer LDK Solar has agreed an 850MW wafer supply deal with Taiwanese cell manufacturer Gintech.

California-based Pacific Gas and Electric (PG&E) has topped the list of US utilities that added most new solar capacity to their systems in 2013.

Beleaguered German PV developer, SAG Solarstrom, has given an upbeat assessment of its prospects of finding the necessary investment to allow it to continue operation.

German PV installer and distributor Wagner & Co Solar has filed for insolvency in a court in Germany.

Major PV energy provider SunPower has said that demand for its PV modules exceeded supply and that its PV project pipeline has topped 7.5GW, boosted by around 300MW of secured projects through its majority shareholder, the oil giant Total.

Independent power producer, Etrion Corporation, has issued an €80 million bond in the Norwegian bond market, with plans to list the new bonds on the Oslo Stock Exchange within the next 30 days.