- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
US headquartered PV module encapsulant producer STR Holdings has secured a major new exclusive supply contract worth potentially 500MW per annum in volume sales through its majority shareholder, China-based PV project developer Zhenfa Energy Group. Financial details were not disclosed.
Bankrupt PV and sapphire equipment specialist GT Advanced Technologies (GTAT) has been able to secure US$95 million of debtor-in-possession financing to provide working capital needs during its Chapter 11 restructuring efforts.
Tier-1 PV manufacturer and clean energy developer Shunfeng International Clean Energy (SFCE) reported a major turnaround in its business operations in 2014, after integrating Wuxi Suntech.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings reported group sales of US$4.8 billion and returned to a profit of US$277.9 million in 2014, operating its polysilicon and solar wafer operations at full capacity.
Israeli micro-inverter manufacturer SolarEdge began trading on the NASDAQ stock exchange in New York today in an initial public offering of 7,000,000 shares.
Off-grid renewables specialist Sunlabob Renewable Energy has secured a US$2.1 million investment from UK-based Truestone Global Impact Fund to fund its international expansion.
PV and polysilicon equipment specialist centrotherm Group returned reported a return to profitability in 2014 on the back of recovering sales of €189.2 million, driven by an upturn in revenue from PV equipment sales and progress on building a polysilicon plant in Qatar.
Major PV equipment specialist Meyer Burger reported a 56% increase in 2014 sales and new order intake 13% above 2013 levels.
Beleaguered German inverter manufacturer, SMA Solar, has ended the fiscal year with sales slightly higher than expected but still down 13.6% on 2013 and with an operating loss almost twice as large as last year’s.
Tier-one PV manufacturer SolarWorld has reported that total shipments increased 55% in 2014 and guided shipments in 2015 to increase a further 25% and surpass 1GW.
Major tier-one PV module manufacturer Yingli Green Energy has said it would not be adding new manufacturing capacity in 2015 as it focuses on its high debt ratios and need to restructure over US$2 billion of its US$4 billion debt this year.
Major tier-one PV module manufacturer Yingli Green Energy reported relatively flat shipments and revenue for 2014 on losses of US$209.5 million.
Panasonic Eco Solutions Canada is working together with PNC Equipment Finance, a division of the PNC Bank Canada Branch, in order to provide a new financing platform for PV plants as small as 500kW in Ontario, Canada.
Laser equipment specialist LPKF reported strong sales to the solar industry in 2014, despite limited capital spending in the sector.
PV project developer Solar Power (SPI Solar) is planning to develop over 100MW of solar PV projects in Panama with SG Panama Solar LLC, a unit of SDL Solar a US-based PV project developer.