- Industry Roundup
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Suntech has become the latest solar company to sign up as a retail electricity provider in Japan.
India’s Ministry of New and Renewable Energy (MNRE) is to install 17,500 solar photovoltaic water pumps across the country.
China-based PV project developer and manufacturer, China Singyes Solar Technologies Holdings, said it had started developing the first phase of a 1.1GW PV power plant project at the Hongshagang Industrial Park in Minqin County, Gansu Province, China.
Chinese PV manufacturer Chaori Solar has become China’s first firm to default on a domestic bond after missing an interest repayment.
The pipeline of approved PV projects in the Philippines reached over 1GW in January, according to the country’s Department of Energy (DoE).
RESolve energy consultant Madhavan Nampoothiri says the US complaint to the World Trade Organisation (WTO) regarding India’s national solar mission (JNSSM), can only serve to antagonise India.
Wuxi Suntech is currently upgrading cell and module production lines in China ahead of plans to increase in-house module capacity in 2014, according to its recently appointed CEO, Eric Luo.
China’s leading Monocrystalline wafer producer, Solargiga has acquired Chinese solar EPC services provider, Jinzhou Wintek Silicon Materials for approximately US$2.5 million. Solargiga’s ingot/wafer subsidiary, Jinzhou Yangguang was responsible for the acquisition.
According to press reports in India, the country’s Union commerce and industry minister, Anand Sharma has accused the US of being overprotective following its recent solar trade complaint.
Guam is finally beginning its first foray into the renewable energy sector, as NRG Solar and Boeing announced that construction had begun on Dandan, a 25MW solar power plant.
In an effort to boost India’s slumping PV market, the Solar Energy Corporation of India (SEIC) is planning to construct a 1GW solar park in Andhra Pradesh state along with adjoining PV manufacturing facilities.
In a Hong Kong stock market statement, Hanergy Solar said it expected more than a 50% increase in net profits for 2013, compared to the previous year.
A JV PV module assembly plant (Vitec Global Solar) between ReneSola and semiconductor and electrical products supplier, Vitec will produce Virtus II modules at the plant in Japan with an annual nameplate capacity of 80MW.
LDK Solar has appointed provisional liquidators in the Cayman Islands as it begins insolvency proceedings.
Two Taiwan-based solar cell manufacturers, Neo Solar Power (NSP) and Topcell Solar International (TSI) have concluded new short-term wafer supply contracts from GCL-Poly totalling approximately 4GW.
The new-look Wuxi Suntech plans an expansion of its sales team in Europe with the UK picked out as a particularly strong prospect.
A modest decline of around 10% in the feed-in tariff rate is expected in Japan, while near term demand for solar remains “very strong” in the country, according to Deutsche Bank.
Japanese PV manufacturer, Kyocera is preparing to launch solar modules around mid-year with multicrystalline cells with 18.6% conversion efficiency.
The Solar Energy Corporation India (SECI) has revealed the successful bidders for on-grid rooftop PV tenders, to count towards the country’s national solar mission.
Chinese thin-film manufacturer Hanergy Solar has confirmed that it has now received all due payments from its parent company Hanergy Group.
Analysts have predicted slow growth for India’s solar market this year due to delays in implementing its waning national solar mission.
After losing the support of one of its largest investors, HelioVolt officials announced in a statement Monday that the company will be seeking a wide range of alternatives in order to keep its manufacturing and development business afloat.
Canadian Solar is to supply 18MW of its modules to a PV project being built by Hitachi in Japan and 30MW to Strata Solar in North Carolina.
BenQ Solar, the solar power division of Taiwan-based technology company AU Optronics, is preparing to launch a new lightweight module specifically aimed at the Japanese residential market.
An Australian energy consultancy has signed a deal with the Sri Lankan government to develop a US$190 million PV cell and module factory.
A fire was reported to have occurred at a solar cell manufacturing line at Canadian Solar’s production facility in Suzhou, China according to Chinese websites and video footage.
The Indian government has revealed the financial bid results for its auction for 750MW of solar energy, with US firm First Solar looking likely to miss out, according to analysts.
On a three day visit to China, Pakistan president Manmoon Hussain and minister for Punjab, Shahbaz Sharif met with financial and development companies and banks in Beijing, and signed MoUs for continued investment in solar projects in Pakistan.
Companies responsible for 748 Japanese solar power projects that have gained approval to receive the feed-in tariff (FiT) but have not yet been built have been handed a temporary reprieve.
Indian PV module manufacturer Vikram Solar has been given tier one status.
United Photovoltaics Group, formerly Goldpoly New Energy Holdings has secured financing for 1GW of planned PV projects in China from the Shenzhen Branch of China Development Bank (CDBSZ).
Shunfeng Photovoltaic has confirmed that the acquisition of Wuxi Suntech will not be completed in line with its original timeline.
Chinese tier one manufacturer ReneSola will open a manufacturing base in Japan, in partnership with electronics trading company Vitec.
Major PV inverter firm, Sungrow Power Supply has teamed with SUMEC New Energy Development Co on distributed PV projects in China totalling 68MW.
India’s finance minister, Shri Chidambaram, announced 2GW worth of new large-scale solar projects as part of his interim budget speech earlier this week.
The Small-scale Renewable Energy Scheme (SRES), Australia’s rooftop PV incentive, has negligible impact on household power bills, according to analysis published ahead of a review of the country’s renewable energy target (RET).
Tokyo’s new governor, Yoichi Masuzoe, who was sworn into office last week, has announced the creation of a public-private fund for the region to use for investment in renewable energy.
Taiwan-based solar wafer producer, Sino-American Silicon (SAS) reported January, 2014 sales of NT$1,834 million (US$60.6 million), down 10.31% in the previous quarter.
New Zealand’s Green Party has announced a new residential solar loan programme as part of its energy policy.
Taiwan-based integrated PV manufacturer, Motech Industries posted NT$2,078 million (US$68.7 million) in revenue for January, 2014 a 95% increase over the same period a year ago.
Major China-based PV inverter manufacturer, Sungrow Power Supply has signed a ‘strategic cooperation framework agreement’ with Huaneng New Energy a state-owned energy developer to construct more than 300MW of PV projects through 2015.
Taiwanese cell and wafer manufacturers are expected to see a slow-down in sales next month as the latest phase in the US-China trade dispute takes effect, according to analysts EnergyTrend.
US manufacturers should not have to compete with the Chinese government, SolarWorld America has said after the US International Trade Commission (ITC) ruled in its favour.
The US International Trade Commission (ITC) has ruled that an investigation into anti-dumping and countervailing duties for solar cell products from China and Taiwan will go ahead, following a preliminary phase vote in Washington DC on Friday.
The preliminary findings of an investigation by the Japanese Ministry of Economy, Trade and Industry (METI) into the status of uncompleted solar power projects in the country have revealed that 784 projects with feed-in tariff approval do not have either land or equipment deals in place.
Tier one PV manufacturer, Trina Solar, is acquiring a majority shareholding in Hubei Hongyuan PV Science and Technology, a solar cell producer in China.
Leading polysilicon and wafer manufacturer GCL-Poly is to become a majority shareholder in consumer electronics firm Same Time.
PV manufacturer LDK Solar has agreed a two-week forbearance agreement with bondholders on overdue interest payments.
A renewable energy research facility will be built in the disaster-hit Japanese region of Fukushima, after the area’s local government and Fraunhofer ISE research institute signed a Memorandum of Understanding (MoU).
Hareon Solar is preparing to build a total of 150MW of ground mounted PV power plants in the Chinese provinces of Hebei and Yunnan.