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19 November 2013

Trina Solar returns to profitability in Q3 2013p

Photovoltaic module company Trina Solar saw its net revenues grow significantly by 24.4 per cent to $584.4m in the third quarter of 2013.

19 November 2013

Solar PV company JinkoSolar enjoys second profitable quarterp

Chinese solar photovoltaic manufacturer JinkoSolar has seen its revenues increase in the third quarter, growing 48 per cent against the same period in 2012.

18 November 2013

Update: Wuxi court green lights Shunfeng’s acquisition of Suntech

Hong Kong-based Shunfeng Photovoltaic International has received the green light from the Wuxi Intermediate People's Court to acquire Chinese firm Wuxi Suntech Power Holdings for $492m.

15 November 2013

Doubt cast on Suntech’s asset sell off, restructuring

Abnegoa_CSP_170SQ The Cayman Island-based liquidators in the process of restructuring Suntech's Power Holdings – the Chinese solar manufacturer that was at one stage the world's largest – have thrown doubt on the proceedings by blocking the sale of its main manufacturing assets.

15 November 2013

UK’s Ed Davey hits out against Japan’s reduced emissions targetsp

UK Energy Secretary Ed Davey has hit out against Japan's new plans to reduce its emissions targets as a result of the Fukushima nuclear accident causing the country to place more reliance on fossil fuels.

15 November 2013

CDC Group finances India’s IPP Green Infra $25m

Siemens1_170SQ UK development finance institution CDC Group is to invest $25m into India's independent renewable power producer Green Infra.

14 November 2013

Asset manager Unigestion makes investment into Armstrong’s Asian fundp

Asset management firm Unigestion has made an investment into Armstrong's $164m southeast Asia clean energy fund.

12 November 2013

Goldpoly teams up with Kunlun for 500MW solar acquisition

Chinese solar manufacturer Goldpoly New Energy is to team up with domestic company Kunlun Trust to jointly acquire 500MW of solar plants between now and 2015.

11 November 2013

China leads the globe for green M&Ap

Chinese targets accounted for eight of the top 20 M&A by value in the cleantech sector in October and these transactions were worth a combined $1,54bn, representing 87 per cent of the country’s overall M&A value.

11 November 2013

Armstrong closes debut Southeast Asia clean energy fund on $164mp

Singapore-headquartered private equity firm Armstrong Asset Management has raised $164m for first clean energy fund.

6 November 2013

China boosts 2014 solar target to 12GW

solarfrontier_230512_1701 The Chinese government is proposing a boost to its 2014 solar target, upping the figure from 10GW to 12GW installed through the year.

5 November 2013

Kyocera reaches 92.5MW of solar in response to Fukushima

Japanese renewables developer Kyocera has, capitalising on widespread negative responses to the earthquake and tsunami in Japan which caused the Fukushima nuclear meltdown, installed 92.5MW of solar generation capacity throughout the country.

4 November 2013

Suntech unloads indebted business unit to fellow Chinese solar company Shunfeng

Debt-ridden Chinese solar panel company Suntech Power Holdings has agreed to sell its main business unit to Shunfeng Photovoltaic International for RMB3bn.

31 October 2013

State-backed Wuxi Guolian considers $150m investment into Suntech

State-backed Wuxi Guolian Development Group is considering a $150m investment into Chinese solar company Suntech Power Holdings.

29 October 2013

Honeywell to build Chinese advanced material facility

NYSE-listed diversified technology and manufacturing firm Honeywell will establish a new manufacturing campus in Zhangjiagang, China, the company said. The facility aims to support itss Performance Materials and Technologies (PMT) arm which has faced an increased demand for gasoline, diesel, jet fuel and petrochemicals in Asia over the past years.

29 October 2013

China’s LDK Solar strikes forbearance agreement with noteholders

China's LDK Solar has struck a 30-day forbearance agreement with note holders of a majority in aggregate principal amount of the company's US dollar-settled 10 per cent senior notes, due February 2014.

28 October 2013

Battery Ventures, Bessemer VP jointly back data centre efficiency co. Stratoscalep

Battery Ventures and Bessemer Venture Partners have joined forces to back Israeli data centre efficiency business Stratoscale.

28 October 2013

Anhui Shengyun Machinery aquires Beijing China Sciences for $87m

Exhaust gas purification equipment company Anhui Shengyun Machinery has acquired environmental pollution control and energy efficiency firm Beijing China Sciences General Energy and Environment for RMB530.4m.

24 October 2013

India’s Savaari Rentals receives funding from Intel Capital

India, Bangalore-based Savaari Car Rentals has received funding from Intel Corporation's venture capital arm Intel Capital, marking its first investment into the taxi aggregation space in the country.

23 October 2013

Impact investors back sustainable nut processing facility in Bali

cashew_kkr_bali US private equity firm KKR has partered with social sector development firm Impact Investment Exchange Asia to support the launch of East Bali Cashews, based in the rural village of Ban in Bali’s Karangasem District.

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