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.
Plans to build a fully integrated PV supply chain within Saudi Arabia are continuing slowly with reports that Idea Polysilicon Company (IPC) has received four bids to build its proposed 10,000MT polysilicon plant and ingot/wafer operations.
