SunEdison's share price surged today on news that the company would spin off its semiconductor business from its PV development business. Shares peaked on the New York Stock Exchange at US$8.34 each.
Solar polysilicon manufacturer Hemlock Semiconductor has filed a US$700,000,000 lawsuit against Green Energy Technology (GET) over an alleged breach of a long-term supply agreement.
A leading venture capital firm is considering making its first investment in an early-stage solar start-up despite seeing its competitors lose hundreds of millions of dollars.
Having gone through a major financial restructuring, SolarWorld is starting to tackle its manufacturing competitive issues with a round of technology upgrades and new product introductions.
Major equipment supplier to the PV industry, Meyer Burger has reported a better than expected order intake in the last six-weeks, citing it as a “turning point in customer behaviour.”
Renewable Energy Corporation (REC) has announced a new US$110 million convertible bond offer and a partial repurchase offer of existing bonds as it looks to appease investors.
