Revised IHS forecast predicts greater global spending on solar
As market conditions begin to improve, the analysts have raised their forecast for PV capital spending, predicting a 42% increase in 2014.
SolarWorld closes in on deal for Bosch solar plant
The German solar giants have expressed an interest in acquiring Bosch’s solar panel plant in Arnstadt, Germany. An official announcement is expected this week.
Suntech files for liquidation
Suntech says it is seeking protection and time to complete negotiations and wrap up its restructuring efforts after agreeing to sell its main assets to Jiangsu Shunfeng.
US investors take a shine to solar
The U.S. solar equity markets enjoyed an upswing in October, driven by a substantial number of utility scale projects in the pipeline and advances in technology.
Jiangsu Shunfeng to pay $540 million plus for Suntech
Solar manufacturer Jiangsu Shunfeng has announced details of its planned acquisition of Wuxi Suntech. If successful, the move would consolidate Cheng Kin Ming’s position in Chinese solar.
EU report highlights solar metals fear
The EU’s Joint Research Center says three metals used in the solar industry are at risk of shortages. China’s stranglehold of raw materials could mean problems ahead for Europe.
Suntech to challenge Chapter 7 filing for involuntary bankruptcy
The troubled solar company has until November 6 to respond to the petition filed against it calling for involuntary bankruptcy.
Yingli rejects SiC Processing allegations
The troubled German company says Yingli owes it more than $30 million in liabilities, adding that the Chinese group’s outstanding debt was a major factor behind its insolvency. Yingli denies the claims.
Two Centrosolar Group AG subsidiaries leave protective shield, file for preliminary insolvency
The latest financing concept for the stricken PV supplier sees Centrosolar AG and Centrosolar Sonnenstromfabrik GmbH lose creditor protection as the group attempts to stay afloat.
EU-China talks dwell on subsidies
The latest round of high level trade talks between the EU and China touched upon the tricky subject of subsidies and state-owned enterprises. Trade commissioner Karel de Gucht was involved in the fourth HED talks, in Brussels.
