Shunfeng settles balance for Wuxi Suntech
Following last month’s acquisition of Wuxi Suntech, Chinese solar module provider Shunfeng has settled the final $412 million balance.
US tax plan 'could jeopardize future clean energy development'
The Solar Energy Industries Association (SEIA) is warning that a new tax plan proposed by the Senate Finance Committee could be detrimental to the U.S. solar industry.
S.A.G. Solarstrom announces insolvency
After weeks of contract uncertainty and cash flow shortfalls, the struggling solar supplier has today filed for insolvency, and will be unable to make its impending corporate bond interest payment.
AFASE dissolves, merges with SETI
The organization that spearheaded opposition to the EU’s anti-dumping case against Chinese PV manufacturers is joining the SETI Alliance following resolution of the trade dispute.
Trina Solar welcomes EU move
Chinese module maker Trina welcomes the EU anti dumping and anti subsidy decision. Trina is one of the signatories to the deal thrashed out by Karel de Gucht.
EU importers must check origins of solar products
German law firm Rödl & Partner has pointed out importers will be liable to pay duties on any Chinese-made mislabelled solar products. The warning follows last week’s definitive EU verdict.
No new anti-subsidy action on Chinese solar products
As expected, the EU has effectively announced the summer trade deal will be used as a panacea for its subsidy and dumping investigations. EU manufacturers are sure to be disappointed by the announcement.
Trina Solar announces joint venture with Yabang Group
The Chinese PV giants have invested $45 million in Yabang Group’s subsidiary, Changzhou NESL Solartech Co., and hope to reach 500 MW production capacity within 12 months.
Dow Corning snaps up Mitsubishi's Hemlock polysilicon stake
The manufacturer of silicon-based products will buy the stake, which comprises two solar polysilicon ventures, for $240 million.
EU imposes maximum 42.1% anti-dumping tariff on Chinese solar glass exporters
The provisional duties vary between 17.1% and 42.1% depending on each Chinese company’s cooperation with the investigation. The tariffs are due to take effect tomorrow, Nov. 28.
