Financial & Legal

January 6, 2016
Silicon Module Super League (SMSL) member Yingli Green Energy has restored its listing compliance with NYSE requirements, as expected after a reverse stock split.
January 6, 2016
China-based Photovoltaics Energy Provider (PVEP) GCL New Energy, a subsidiary of leading polysilicon and solar wafer producer, GCL-Poly expects to raise approximately US$302 million by way of a rights issue.
January 6, 2016
Leading Silicon Module Super League (SMSL) member Trina Solar has appointed Citigroup Global Markets Inc., as its financial advisor and Kirkland & Ellis as its international legal counsel to handle the proposal by Trina Solar’s founder, chairman and CEO, to purchase all outstanding NYSE shares and lake the company private.
January 5, 2016
Canadian Solar subsidiary Recurrent Energy has secured a tax equity investment commitment with GE Energy Financial Services for its 75MW Astoria 2 (previously 100MW) solar power project in California that is currently under construction.
January 5, 2016
Spain’s Constitutional Court has rejected an appeal by the Spanish region of Murcia against retroactive cuts on the use of solar power, according to a release from the Spanish Government.
January 4, 2016
Silicon Module Super League (SMSL) member and major PVEP (Photovoltaics Energy Provider) Canadian Solar is to raise US$100 million from the issue of common shares.
January 4, 2016
PV module equipment specialist Valoe Corporation, formerly Cencorp has secured €4 million in new funding from Finland’s funding agency for innovation, Tekes.
January 4, 2016
A round-up of solar news from throughout the holiday period including SunEdison deals, Qatar's next solar steps and the verdict in Heraeus' patent case.
January 4, 2016
India’s Cabinet Committee on Economic Affairs has approved scaling up the budget for grid-connected rooftop solar in the country from INR6 billion (US$90 million) to INR50 billion up to 2019/20.
January 4, 2016
China-based PV energy provider (PVEP) United Photovoltaics Group and major shareholder, China Merchants New Energy Group have secured RMB10 billion (US$1.53 billion) in financing from CITIC Financial Leasing Co.

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