Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.
Polysilicon producer REC Silicon expects its FBR (Fluidized bed reactor) polysilicon production to decline 42% in the third quarter of 2018, after recently announcing further cuts in workforce and production at its Moses Lake facility that would operate at only 25% utilisation rates. The company noted that it was evaluating the possible suspension of all of its solar related materials business in the US.
UL (Underwriters Laboratories) has launched a new global service, offering a PV Power Plant Certificate to verify the performance of PV systems at several key stages, such as commissioning or during operation. The delivered certificate is also made publicly available in UL’s online database, providing greater transparency for all stake holders.
Major PV metallization paste producer Heraeus Photovoltaics has announced that its President, Andreas Liebheit has already stepped down from his position, due to personal reasons.
‘Silicon Module Super League’ (SMSL) member JA Solar has said that its previously planned acquisition by an investor consortium via an all-cash transaction led by its founder, chairman and CEO, Baofang Jin had been completed, resulting in de-listing from the NASDAQ stock exchange.
The US threat of 10% tariffs on solar inverters has been met with a mixture of disdain and composure by authorities and the Chinese solar industry itself.
Developer and investor Distributed Sun (DSUN) and wind turbine firm Emergya Wind Technologies (EWT) have sold off 75MW of community solar projects they were co-developing in New York.
Goldman Sachs Asset Management (GSAM) has entered into an agreement with South Jersey Industries (SJI) to acquire SJI’s portfolio of PV projects for approximately US$350 million.
