News

Trina Solar’s IPO Postponed While Jinko Power Triumphed

published: 2020-01-11 9:36
Trina Solar, one of the largest solar powerhouses in the world, tried to apply for IPO, which was expected to be clear sailing for the company. However, the Sci-Tech Innovation Board, China’s equivalent to NASDAQ, has not approved...  more

Robbins Geller Makes $350 Million Compensation for First Solar Investors

published: 2020-01-09 21:00
After a lengthy legal battle and on the day before jury selection, Robbins Geller Rudman & Dowd LLP secured a $350 million settlement for the investor class in Smilovits v. First Solar, Inc., No. 2:12-cv-00555-DGC, pending in the United States District Court for the District of Arizona. The shareholder class was led by two U.K. pension funds: Mineworkers’ Pension Scheme and British Coal Staff Superannuation Scheme. ...  more

Germany Shut Down Philippsburg Power Plant on the Last Day of 2019, Affirming Its Commitment to Go Nuclear-Free by 2022

published: 2020-01-09 0:30
The Philippsburg 2 nuclear reactor located in the German state of Baden-Württemberg was taken offline permanently as scheduled on the evening of December 31, 2019. This event affirms the current German government’s resolve to phase out the use of nuclear energy by 2022 and expand the contribution of renewable energies in domestic electricity production. ...  more

Tesla Secures Loan for Expanding Shanghai Gigafactory

published: 2020-01-09 0:30
Tesla China has officially secured a loan of up to 10 billion RMB for five years from a banking consortium consisting of China Construction Bank, Agricultural Bank of China, Industrial and Commercial Bank of China and Shanghai Pudong Development Bank; the loan will mainly be used for the expansion of the company's China operation and its Shanghai Gigafactory; it will also be used to repay its previous loan of 3.5 billion RMB. ...  more

Gogoro to Complete Setup of Service Network in Taiwan

published: 2020-01-08 0:30
Gogoro, the leading electric-motorcycle manufacturer in Taiwan, has officially inaugurated two new service stations in Miaoli County and Hsinchu County, respectively, to complete the setup of its service network in Taiwan. ...  more

PV Company News Weekly: 2020 Week 2

published: 2020-01-07 18:42
1 Trina Solar Trino Solar is applying for its IPO on Wednesday, January 8, where its case will be reviewed by the Stock Issuance Examination of China Securities Regulatory Commission. ...  more

Your Monday Briefings: Solar Photovoltaic Market News (Week 2)

published: 2020-01-06 18:27
Australia Evergen, a solar and battery optimization provider, and Solar Service Group, a solar battery supplier, have partnered up to form a network consisting of thousands of residential batteries across Australia. The two companies are hopeful that this move could cut the power bills for Australians and facilitate the adoption of clean energy. ...  more