SunEdison to sell its Semiconductor Division SunEdison Inc. (SUNE) the US based solar and semiconductor company is going to spin off its semiconductor division to focus solely on solar power. The company has come a long way in its solar journey. SunEdision which was earlier known as MEMC produced silicon wafers solely for the semiconductor industry […]
Companies acquiring funds for growth in Solar Energy Recently, JPMorgan Chase & Co. helped a privately held solar installation provider secure funds totaling $630 million. This acquisition of funds is to help Sunrun, the solar installation company in question, to develop a system where homeowners can benefit from the power of solar without actually owning […]
MEMC to SunEdison MEMC – the world’s leader in silicon wafer manufacturing has now changed the company name to SunEdison. The shareholders approved of this change at the company’s annual meeting. SunEdison was a subsidiary of MEMC. US Polysilicon and Wafer Producer MEMC bought Sunedison which was one of the largest solar installers in 2008. Now MEMC is strongly expanding […]
USA Solar Companies surviving the Downturn The Solar Industry has seen a massive shakedown with hundreds of bankruptcies and thousands of jobs lost. There has been no solar energy company which has been left unaffected by this brutal consolidation. Even the biggest solar panel manufacturers have seen huge losses and restructuring. The biggest solar companies […]