spi energy

Heraeus Photovoltaics president, Andreas Liebheit has been appointed as the vice chairman of the Asian Photovoltaic Industry Association (APVIA), which was founded in Singapore in 2011.

China-based PV project developer SPI Energy said it had finally received its first feed-in tariff (FiT) payments on a 10MW power plant that was grid connected in December, 2013.

In this week's Movers & Shakers, PV Tech covers the controversy surrounding the sudden exit of Brian Molefe from South African utility Eskom after scandal accusations, and reports on whether this could emerge as an opportunity for the country's embattled renewables procurement programme. We also report on First Solar slashing jobs after it rescinded on its former plans to migrate its series five module and other happenings from the US, Europe and China.

In this week's Movers & Shakers, PV Tech reports on various executive board shuffles; Meyer Burger lets go of its COO, SPI Energy revamps its senior management team and SEPA expands its board of directors. In addition, Mainstream Renewable Power establishes an investment arm and Chile appoints a new energy minister amidst a time of energy policy upheaval.

China-based PV project developer and EPC firm SPI Energy is planning a US$100 million private placement of new shares to continue with global PV project activities.

PV solutions provider SPI Energy announced that it has signed off on a non-binding deal with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million in convertible bonds.