KDC Solar

China Development Bank Finances LDK-SPI Solar International Expansion Plans

12 years ago proteus 0 Comments

China Development Bank is stepping up its international lending to leading Chinese solar power companies even as the industry is being rocked by a glut of solar photovoltaic (PV) modules and heightened uncertainty of government support in key markets. LDK and its US subsidiary SPI Solar announced CDB is providing them financing totaling $64 million to carry out solar PV project development in California and New Jersey.

Clean Tech Week in Review: 10 Headline News Stories

12 years ago proteus 0 Comments

Google made a big news splash this week, announcing it was partnering with KKR to invest in four California solar power projects, but that was only one of many newsworthy stories that broke. Among them are plans to develop an East Coast grid to carry power from offshore wind farms, BP Solar quitting the business after 40 years, a second German solar power industry player filing for insolvency and a second solar investment by Warren Buffet and Berkshire Hathaway’s Mid-American Energy.