North Carolina-based utility Duke Energy announced yesterday it has acquired full ownership of California-based REC Solar, a provider of renewable energy solutions for commercial customers throughout the U.S.
Chinese solar manufacturer JinkoSolar announced last week that it has broken multiple solar technology world records. In an attempt independently verified by the Chinese Academy of Science Testing Laboratory, JinkoSolar broke the existing world record by achieving conversion efficiency of 22.78% on P-type monocrystalline PERC solar cells.
China’s photovoltaic modules manufacturer Trina Solar, has received a top rating in the latest module bankability report, published by Bloomberg New Energy Finance (BNEF). After having obtained the top spot among all its industry peers in the previous 2016 report, Trina Solar has now once again been rated bankable by 100% of the banks, EPCs, consultants and industry experts participating in the BNEF survey.
HelioPower, Inc., a leading solar power integration firm based in California, announced this week that it has successfully completed its corporate and financial reorganization. The reorganization plan, under Chapter 11 of the United States Bankruptcy Code, substantially de-leverages the company’s ongoing business and stabilizes the financial health of the business.