Suntech Power Holdings has struck a temporary deal with note holders on its US$541 million of bonds due on March 15 by delaying payment a further two months while more talks are undertaken.
Bosch Solar Energy, the solar arm of global technology specialist The Bosch Group, has selected EPC firm RMK Solar as one of its first PowerPro partners to offer PV systems using Bosch-manufactured PV modules.
Japan’s BIJ Corporation, Switzerland’s Meeco Group and Italy’s Finergia Advisory & Finance have signed a memorandum of understanding to set up a joint venture.
Electrical contractor Del Monte Electric has completed the installation of solar power systems in 51 schools at Mount Diablo Unified School District, in California.
The local court in Amberg, Germany court has appointed Dr Hubert Ampferl, partner of Nuremberg-based law firm Dr Beck & Partner, as supervisor of SiC Processing, which is operating as ‘debtor-in-possession’ during insolvency proceedings.