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.
More community solar is set to come online in New York thanks to BlueRock Solar’s joint venture with Ithaca-based Renovus Solar for a project in Millport.
Taiwan state-owned utility Taiwan Power Co. (Taipower) has delayed plans to commission 500MW of solar by 2020 by two years, now scheduling 300MWp of that solar to be online by 2022.
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 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.