IPO of a Chinese Solar company in USA A Chinese company plans to do a $300 million IPO in USA. The company known as Solar Power Inc. (what an inventive name) started operations in 2015 and its main business model is to build solar power plants using a crowd sourcing model. The business is based […]
China Solar & Wind Power Update The world’s largest solar market accounting for almost 30% of the global demand is all set to cut its solar tariffs by 6% next year and will keep cutting in increments till 2020. The same will apply to wind power as well, since the country is facing a deficit […]
China is planning to increase its 17.3 GW solar capacity target in 2015 by another 5 GW, as many solar plants are facing issues in getting grid connectivity. The country is also planning to increase the annual quote to 20 GW till 2020, with an aim of installing 150 GW of solar by that time. […]
Tianwei New Energy in a state of bankruptcy It is not news , that a large number of solar industry companies are caught in a death spiral and are unlikely to return to economic viability anytime soon if ever. A large number of these organizations are running their operations through doles from the state and […]
China poised to see $60B in solar revenues The growth of the Chinese solar manufacturing industry has been truly spectacular, ever since the country decided to make solar energy a focus industry in the last 2000s. Massive capital investments through cheap loans and incentives has made China the leader in global solar manufacturing with a […]