Scatec Solar connects South Africa's first renewable independent power project to the grid
European PV specialists Scatec Solar connect their 75 MW solar plant to South Africa’s grid three months ahead of schedule, making it the first renewable energy independent power producer procurement program (REIPPPP) in the country.
Trade actions more hyperbole than hardship
The predicted catastrophic effects of trade wars on stock prices never materialized on Wall Street. Analaysts offer a cautiously positive outlook on the industry.
Dyesol sees falling revenues, increased losses
Australian dye-sensitized photovoltaic technology developer Dyesol has racked up more than AUD$9 million in losses (US$8.02 million) and seen its revenues fall by almost half, in the 2013 Australian financial year which closed at the end of July, 2013.
Reported signs of state aid for Chinese PV manufacturers emerge
The EU Commission has reportedly found evidence that Chinese PV manufacturers benefitted from state subsidies. There will be no provisional duties implemented, however, and the compromised reached in August will remain in place.
Three directors resign at Suntech as cash flow concerns continue
Stricken Chinese solar manufacturer Suntech suffers top-level resignations as internal debt and leadership problems worsen.
Bondholders approve REC split
Senior bondholders in the vertically integrated solar manufacturer REC have approved the splitting of the company today. The approval will see its polysilicon operations split off from RECs solar operations.
Solar street light campaign kicks off for Cambodia
A Singapore company has launched a crowdfunding campaign to raise funds for the installation of solar street lights along the roads in three Cambodian villages.
SunPower to offer solar loans Down Under
U.S.-based manufacturer SunPower is set to offer solar loans to households in Australia. The lender Community First Credit Union will provide the loans.
REC proposes further measures to reduce debt
Norways Renewable Energy Corporation (REC) has proposed three new bond repurchase options today, pursuant on the company successfully splitting its operations silicon operations from its downstream solar business.
SunEdison plans to spinoff semiconductor operations
U.S. photovoltaic developer SunEdison announced today that its board of directors has unanimously decided to spin off its semiconductor operations, forming a new company SunEdison Semiconductor Inc. A minority stake in the business will be offered in an IPO.
