- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has reached a deal with a third-party securing equity for a US$58 million residential PV financing fund.
The PV industry’s largest manufacturer, Yingli Green Energy revised down full-year module shipment guidance due to weaker than expected demand in China and US as it cut third-party cell and module purchasing to keep in-house production at high utilisation rates.
Taiwan-based solar cell producer, E-Ton Solar Tech reported a second severe sequential decline in revenue for July, 2014.
GCL Poly has secured two new credit lines worth a total of US$490 million. Downstream affiliate GCL New Energy also confirmed it had secured a 95% interest in a project in Jiangsu Province.
US residential solar installer and leasing company Vivint Solar is preparing to make an initial public offering (IPO) of common stock, having made a filing with the US Securities and Exchanges Commission (SEC).
Suniva will offer leases and PPAs to community groups through the partnership with TCC.
Major PV manufacturer Trina Solar took a hit on margins in the second quarter of 2014, while module shipments soared as China and US markets rebounded strongly.
China-based PVEP, Hareon Solar Technology has signed a number of project development deals in China and Turkey totalling around 3,350MW. The company has also secured lines of credit with two Chinese banks totalling 20 billion Yuan (US$3.25 billion).
Scatec Solar, the Norwegian company that this year has announced the construction of PV plants in territories including Jordan, Rwanda and South Africa, has announced plans to list on the Oslo Stock Exchange.
The government has promised to support all domestic solar manufacturing and plants should run at full capacity and expand.
UK-based merchant solar wafer producer, PV Crystalox Solar reported increased shipments and revenue but margin decline due to lower wafer selling prices and stable polysilicon purchase pricing led to a loss in the first half of 2014.
Major PVEP, SunEdison has secured funds from Barclays and Citi banks totalling US$160 million to be used for distributed generation (DG) projects in the US.
In the long-running bankruptcy saga of once global leading PV manufacturer, Suntech Power Holdings its major overseas sales operations, Suntech Power International (SPI) based in Switzerland has ended the moratorium phase of insolvency proceedings.
Finland-based industrial automation specialist, Cencorp is selling some of its operations and shifting conductive back sheet (CBS) production from its plant in Beijing, China to Mikkeli, Finland and closing the plant.
Having secured its first ‘Levitrack’ ALD system order from a major Taiwanese solar cell producer in March, 2014, Netherlands-based Levitech BV has secured another Taiwan-based producer as a customer.