Once the leading solar panel company in the world (before some scandal and bankruptcy), Suntech has regrouped and is now setting its sights on the potentially very lucrative solar markets of Brazil, Chile, and Mexico, according to recent reports. Considering the rapid growth in solar energy development in Chile over the past few … [continued]
By Patrick Foot, financial markets writer at IG – a leading provider of CFD trading, spread betting and live forex prices* This earnings season has seen several major stories play out, with battles raging in several technological sectors and Facebook, Microsoft, Apple, and Google all taking centre stage. On Thursday July … [continued]
Originally published on Planetsave. Suntech was the largest solar module manufacturer in the world for years, then a combination of some illegal moves and a harsh financial environment for solar module manufacturers crushed the company, leading it to bankruptcy. Suntech is finally on the upswing after all of that. However, rather … [continued]
Shunfeng Photovoltaic International recently revealed that it’s now planning to enter the solar power plant development business, in order to complement its manufacturing operations and become a fully integrated solar company. The move isn’t all that surprising considering the fact that many other solar companies have recently been making similar … [continued]
SEIA warns US tariffs may damage solar industry. Originally published in the ECOreport. Wuxi Suntech recently announced that its modules are now the “third brand globally” to receive VDE Quality-Tested certification, which is believed to be the strictest testing criteria in the industry. While most standards will allow a power loss … [continued]
Originally published on the ECOreport. Last year Robert Lundahl and I co-wrote an article about a California PV solar factory that is not disposing of their solar panels once their lifespan expires. We could not name the company, as our source still works there, but they use a known carcinogenic called gallium … [continued]
2013 saw less venture capital (VC) funding raised for solar startups than 2012. The 2013 total was $600 million across 97 deals, whereas the 2012 total was $992 million across 106 deals. While solar power is skyrocketing, VC funding has ironically fallen. However, a handful of top solar startups have … [continued]
It’s no secret — China is installing solar power faster than you can say “Bob’s your uncle.” The recently announced goal of one large Chinese solar developer is just another indication of that, but it’s certainly a big one. Shunfeng Photovoltaic says that it is now aiming to install 20,000 megawatts … [continued]
With its remote location in Israel’s Arava region, Kibbutz Ketura would seem to be an unlikely place to start a green energy revolution. However, this particular community happens to be the home of multiple Nobel Prize nominee, sustainability innovator and “impact investor” Yosef Abramowitz, co-founder of the Arava Power Company. … [continued]
Prominent Chinese solar manufacturer Jiangsu Shunfeng has announced the details behind its planned acquisition of Wuxi Suntech. The move for consolidation of the two noted corporations will, if successful, do a great deal to improve the position of real estate magnate Cheng Kin Ming with regards to the solar energy … [continued]
