• U.S.A.
  • Cina
    11 feb 2013

    Jinko Solar Announced Issuance of Six-Year Bonds of RMB800 Million

    JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS),  a leading global solar power product manufacturer, announced that Jinko Solar Co., Ltd. (“Jiangxi Jinko”), one of the Company’s wholly owned subsidiaries, has successfully completed the issuance of six-year bonds with a principal amount of RMB800 million. The bonds bear a fixed annual interest rate of 8.99% and will mature on January 29, 2019. The interest rate is based on current one year Shibor (Shanghai Interbank Offered Rate) of 4.40% plus 459 basis points (4.59%).   At the end of the third year in the life of the bonds, Jiangxi Jinko has the option to raise the interest rate by up to 100 basis points, and the bondholders will have the right to require Jiangxi Jinko to repurchase all or part of their bonds upon Jiangxi Jinko’s announcement of whether or not it decides to raise the interest rate, and by how much, at such time. The bonds were approved by the Chinese National Development and Reform Commission’s (“NDRC”) Financial Division. Industrial Securities acted as the lead underwriter and book runner for the bonds and the underwriters provided standby commitment. The proceeds from the issuance of the bonds will be used for capital expenditure and working capital purposes.   “We are extremely proud to be the first solar company approved to issue corporate bonds in China this year,” stated Mr. Kangping Chen, Chief Executive Officer of JinkoSolar. “This round of fund raising reflects strong market confidence in our long-term growth potential and sustainable business development.”
  • U.S.A.
    11 feb 2013

    Sunpower Reports Fourth-Quarter and Fiscal Year 2012 Results

     SunPower Corp. (NASDAQ: SPWR)announced financial results for its 2012 fourth quarter and fiscal year ended Dec. 30, 2012.
  • Norvegia
    08 feb 2013

    REC Published Fourth Quarter and Year 2012 Results

    Renewable Energy Corporation ASA (REC) reported fourth quarter 2012 revenues from continuing operations of NOK 1,687 million and negative EBITDA of NOK 34 million. EBIT was negative NOK 2,178 after NOK 1.8 billion impairment on fixed assets related to the REC Silicon operations in the USA. Net debt remained unchanged at NOK 1.8 billion from the previous quarter.   
  • Germania
    08 feb 2013

    $100 Million Funding Available For Qualified Buyers From Aleo Solar and Bosch Solar

    Aleo solar and Bosch Solar Energy North America have organized more than $100 million of immediately available funding for select commercial and residential solar projects within the continental United States.
  • U.S.A.
    08 feb 2013

    Draker Selected for 2MW Utility-scale PV Plant Monitoring at Massachusetts

    Draker is pleased to announce today that it has been selected to install its fully integrated Draker AC and Clarity™ DC panel-to-grid (P2G) monitoring solution at a 2 MW-AC site, the largest installation to date for a fully integrated Draker AC and Clarity DC monitoring system. The solar PV plant in Massachusetts is a fixed mount, 600V system with utility grid interconnection.
  • U.S.A.
  • Germania
  • U.S.A.
    06 feb 2013

    Trina Solar Announces Teaming Agreement with QBotix

    Trina Solar Limited (TSL), (" Trina Solar " or "the Company"), announced today its subsidiary Trina Solar US Development Company LLC has entered into a teaming agreement with Silicon Valley-based QBotix Inc., recognized as the first company to utilize mobile, intelligent and rugged robotics for the operation of solar power plants. 
  • U.S.A.
    06 feb 2013

    Sunpower Renews Partnership with Non-Profit GRID Alternatives

    SunPower Corp. today announced that it is renewing its supplier partnership with GRID Alternatives, a Bay Area-based non-profit solar installer.