The “start of a ‘new’ Conergy” has been heralded by the company as Kawa Capital Management finalised its acquisition of the global Conergy sales and service units.
Internet giant, Google, has once again teamed up with the global investment firm, Kohlberg Kravis Roberts & Co (KKR) and North American solar project developer, Recurrent Energy, for US$400 million worth of solar projects, according to the Wall Street Journal.
Updated. PricewaterhouseCoopers, Suntech Power Holdings' appointed liquidators in the Cayman Islands have claimed that Wuxi Suntech is owned by Power Solar System Co., a direct subsidiary of Suntech Power Holdings, casting doubt on the deal to sell the PV manufacturer's Chinese arm.
China-based PV manufacturer, Goldpoly New Energy, has reached an agreement with Kunlun, a subsidiary of China National Petroleum Corporation, to acquire a 500MW PV project portfolio in China.
The joint secretary for the Ministry of New and Renewable Energy (MNRE), Shri Tarun Kapoor said invitations for tenders for the 4GW mega solar project in India will begin in a few months.
Specialist encapsulant supplier, STR Holdings, continues to struggle following the loss of its major customer, First Solar, last year, as third quarter sales continued to decline, forcing further plant closures and restructuring efforts.
The largest solar farm in the UK, the 33MWp plant in Wymeswold, Leicestershire, has been sold by Hazel Capital Solar and SAG Solarstrom for £43.7 million (US$70 million) to institutional investor Foresight Solar Fund.
Having been granted a provisional liquidation order in the Cayman Islands, Suntech Power Holdings has also appointed PricewaterhouseCoopers to support its restructuring efforts.
