‘Solar Module Super League’ (SMSL) member, First Solar has agreed to settle a 2012 class action lawsuit to the tune of US$350 million. The settlement is subject to approval by the United States District Court for the District of Arizona.
LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has signed a new agreement to build a new 20GW wafer plant in Chuxiong, Yunnan province with further plans to expand capacity to 40GW in the future.
Multinational utility Iberdrola has completed the giant 500MW Núñez de Balboa solar farm in Spain’s Extremadura region, claiming it to be Europe’s largest completed solar project.
Solar developer Silicon Ranch and utility Walton EMC have extended their solar relationship with Facebook, committing to build a further two solar farms for the social media giant.
US Congress and the White House have failed to agree an extension to the US solar Investment Tax Credit (ITC), paving the way for the credit to be cut from next month.
Investor Eland Private Equity and Chinese manufacturer and EPC Shanghai Electric have set sights on Europe’s thriving PV market, forming a new joint-venture which they claim will plough some €500 million into new assets.
Operators tell PV Tech of large-scale growth expectations for next year regardless of minor subsidy drop for large-scale and residential PV, proposed in latest government draft.
