Struggling China-based PV manufacturer LDK Solar has sold shares to Hong Kong-based Fulai Investments for around 30% less than it charged only last month.
Professional business bank Bridge Bank Energy and Infrastructure Group (EIG) has announced the closure of a US$13 million financing deal for several solar installations in the US.
Spanish solar developer Solarpack has commenced construction on two PV plants with a combined capacity of 25MW for Chilean mining company Compañía Minera Doña Inés de Collahuasi.
PV developer SolarCity will add Barstow Unified School District (BUSD) in California, US, to its solar portfolio by installing 1.5MW of PV systems for the school district.
MEMC Electronic Materials has said it plans to drop its name that has been in existence for decades and take on its subsidiary SunEdison as the corporate moniker.