Suntech Power Holdings officially said for the first time that it would not pay holders of its US$541 million convertible bonds due today. The company made the statement in response to a New York Stock Exchange request to explain the unusual trading activity of Suntech’......[More]

Samil Power Co., Ltd (Samil Power) launches its micro-inverter SolarPond 240HF-AU (Figure 1), which has wider MPPT range and can work with most of the polycrystalline and monocrystalline solar modules, has obtained the Australian SAA certificate and legal to enter into ......[More]

Falling solar module prices continued to impact Canadian Solar’s financial results as the company more than doubled losses year on year. The company reported a full-year loss from operations of US$142.5 million and a net loss of US$195.1 million for 2012. It reported fu......[More]

Suntech Power Holdings has decided to permanently close its module assembly plant in Arizona with the loss of 43 jobs, citing US government imposed duties on imported solar cells and aluminium used in solar module frames. The Arizona plant was established in October 201......[More]

A net loss in 2012 of nearly US$500 million was overshadowed by Yingli Green’s shipment guidance for this year increasing by a massive 1GW. Yingli Green said that 44% of revenue came from China in the fourth quarter of 2012, yet expects a further 40% increase in module ......[More]

The government of Kerala, India, has released a draft solar policy, effective 1 April 2013, having set itself a target of 500MW to be achieved by 2017 and 1,500MW by 2030. Policies have been laid out for off-grid rooftop systems, grid-connected small-scale systems, off-......[More]