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Bluefield Solar acquires five UK solar plants
The solar investment fund has paid GBP 22.7 million for five sub-5 MW solar PV plants in England and Wales that are due to become operational before March 31, 2017.
Additional investor commits to Meyer Burger
The Swiss PV equipment manufacturer has received a CHF 5.76 million (USD 5.7 million) commitment from new investor Brustorm SA, as the company continues its capital increase, as part of the major restructuring it announced earlier in the year.
India: Demonetization program could boost solar industry, says Mercom Capital
Although chaotic, the Indian government’s note recall is likely to benefit banks and distribution companies, potentially loosening lending criteria for solar projects and bringing down interest rates, Mercom Capital believes.
Canadian Solar receives $141m funding from Hanwha for Japanese solar plant
The Chinese solar firm secures project financing from the South Korean conglomerate for the construction and operation of a 55 MWp solar plant in Japan’s Yamaguchi prefecture.
Meyer Burger sets out plans for capital increase and shareholders approve
Meyer Burger Technology’s Board of Directors has approved the final terms for the capital increase, which were announced earlier today, and will see the Swiss solar production equipment manufacturer seek to accumulate CHF 164.5 million (USD 162.64 million) by issuing new registered shares.
ReneSola posts $20m loss in Q3 as revenue falls short of guidance
The Chinese solar company posts its first quarterly loss in more than a year as revenue and shipments slip in wake of China market slowdown and lower module ASPs.
Meyer Burger reshuffles board, Peter Pauli steps aside as CEO
The Swiss solar technology provider confirms management and board changes that include appointment of Hans Brändle as new CEO from January 1.
Six polysilicon manufacturers could be wiped out by end of 2018
A new polysilicon market outlook report from Bernreuter Research predicts a rise in competition in the market, which will drive prices down and push some manufactures out of business, in the face of falling demand from the solar industry and increasing capacities.
NRG closes on 1.5 GW-AC of SunEdison wind, solar assets
The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.
Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance
The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.
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