‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has as expected confirmed it would de-list from NASDAQ as part of its planned acquisition by Hanwha Solar Holdings Co, a subsidiary of Hanwha Chemical Corporation.
Leading PV manufacturing equipment supplier Meyer Burger has announced a new restructuring program, which is intended to bring its breakeven level to around CHF 250 million per annum.
HSBC UK Pensions Scheme is to invest £250 million (US$329.9 million) in UK solar and wind farms under a new agreement with renewables investor Greencoat Capital.
The long-standing CEO of major PV inverter manufacturer SMA Solar Technology, Pierre-Pascal Urbon has suddenly stepped down from his executive role and plans to leave the company altogether at the end of December, 2018.
Iberdrola has signed a power purchase agreement with Basque Country-based telecoms provider Euskaltel to supply electricity produced from a 391MW solar project, in what is said to be the first PPA signed between a power company and a telecoms operator in Spain.
British developer Solarcentury has sold an 80% stake in the 300MW Talayuela project in Spain.
GCL System Integration Technology and Solarpro Holding and delivered on 21MW of Poly Perc modules for the construction of MET Dunai Solar Park, one of the largest PV projects developed in Hungary.
Single-axis solar tracker firm Soltec has signed a €100 million syndicated credit facility with eleven banks, led by Banco Santander to continue to expand its international business with the opening of subsidiaries in the five continents.
The Danish Green Investment Bank has provided €16 million of funding for two projects in Denmark with a combined capacity of 32MW.
Risen Energy will develop up to 300MW of PV capacity in Spain for a cryptocurrency miner.
UK solar distributor Midsummer Energy says its sales figures have doubled in the last year on the back of negotiating key supply partnerships.
US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
European research and innovation hub centre imec has detailed a path for its nPERT (n-type Passivated Emitter and Rear Totally diffused) solar cell technology to reach conversion efficiencies in excess of 24% for volume production applications.
Risen Energy is planning to balloon its project construction work from 800MW in 2018 to 1.5GW in 2019.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
