Chinese manufacturer Trina Solar says it will fight to prove it is not dumping solar panels in Europe and will not turn its back on its EU partners.
Spanish solar group Isofotón filed for restructuring legal proceedings this week in the face of 284 million ($372 million) in liabilities. The company is hoping to reach an agreement with creditors and implement a debt-for-equity plan.
Mercom Capital Group newly published Quarterly Solar Funding and M&A Report details the latest developments and trends in the photovoltaic market.
The debt-ridden photovoltaic manufacturer SolarWorld will gather its noteholders for a second round of meetings that will take place July 8 and 9. The first two noteholders’ meetings did not reap benefits as noteholder participation was too low.
CFO of Norwegian manufacturer REC confirms the EGM called for June 24 is solely for housekeeping matters.
German renewables company GP Joule announces intent to build more than 100 MW of new solar capacity in southern France.
Centrotherm Photovoltaics AG has received a new lease on life after a German court approved the companys debt-for-equity plan, which will save some 900 jobs.
Tie up between Neo Solar and DelSolar makes new company the second largest cell and module manufacturer in the world as prices and shipment levels rise thanks to the EU-China trade wrangle.
Chinese solar manufacturer Canadian Solar has announced the signing of an RMB270 million (US$40 million) loan facility to build a 30 MW solar project in western China as it continues its downstream focus.
In May, the New York solar equities market took a page from the parable, “The Emperors New Clothes.” While investors reacted swiftly to favorable company reports – propelling those stocks prices higher (as in the case of JA Solar) and taking others along for the ride – analysts examining the fundamentals saw little or nothing to recommend.
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