Germany’s Juwi, among Europe’s most prolific renewables developers, says it sees a pathway towards a 36% revenue boost between 2012 and 2015, despite the seismic changes gripping Europe’s power sector.
The Bank of Beijing will offer a 3bn yuan ($480m) credit line to Hanwha SolarOne, marking an important new financial relationship for the Korea-owned Chinese PV manufacturer as it pushes into downstream project development.
China's highest arbitration body has handed loss-making PV giant LDK Solar a setback, saying it owes nearly 298m yuan ($48m) to Beijing’s JYT Corporation for a production-equipment deal dating to 2008.
NaiKun Wind Energy Group has signed an agreement with Siemens Canada that gives it preference to supply 100 wind turbines for a 400MW project in the Hecate Strait between British Columbia and the Haida Gwaii archipelago.
EDF Renewable Energy will have its 150MW Bobcat Bluff project in Texas fully operational this month, enabling the developer to qualify for the federal wind production tax credit that expires on 31 December.