SunPower to buy AUO’s stake in cell JV
U.S. solar producer SunPower will acquire Taiwan’s AU Optronic’s stake in a cell production facility joint venture the companies entered into in 2010. Under the deal, SunPower will pay $170 million over four years and take complete control of what is describes as “our highest performing solar cell fab.”
Precarious circumstances at TerraForm Power, TerraForm Global
SunEdison’s two yieldcos have released preliminary Q2 results as the companies delay being de-listed and consider taking offers.
SPI 2016 Solar Rack & Track Product Update
The numbers are still being tallied for the massed attendance of SPI 2016 in Las Vegas, but an informal consensus confirms that the show was a huge success for exhibitors, including a few more racking and tracking manufacturers we met with on the final day of the show.
Working together: the pv magazine USA weekly news digest
This week saw collaborations between nations and companies, some numbers on the U.S. energy storage market and progress in the carving up of SunEdison, as the solar industry prepares for the Solar Power International trade show.
The United States and China formally join the Paris Agreement
The world’s largest emitters have committed to the global agreement, but the voluntary nature of individual national plans leaves many doubts.
USAID to fund solar research projects in India and Morocco
The U.S. Agency for International development (USAID) announced that it will provide USD10 million in funding to a number of projects aimed at addressing critical areas of development, two of the projects center on solar research in India and in Morocco.
KEPCO to buy the 30 MW Alamosa CPV plant
The Korean utility giant company has contracted to purchase the largest concentrating photovoltaic (CPV) project in the United States.
GCL-Poly agrees to buy $150 million of SunEdison’s manufacturing business
The Chinese polysilicon and PV maker will buy three of SunEdison’s manufacturing businesses involved in polysilicon production up until cell production, amid rumors that it is also planning to make a bid for SunEdison’s controlling stake in TerraForm Power.
NASDAQ warns TerraForm Power, TerraForm Global over delays in filing
The yieldcos have until the end of August to submit a plan as to how they are going to get their financial reports on track, while TerraForm Global struggles with multiple legal proceedings.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese-Canadian solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter, with nearly half of its sales to the Americas.
