- Industry Roundup
- Fab & Facilities
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- Thin Film
- PV Modules
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Struggling solar EPC firm S.A.G. Solarstrom has received a bridging loan to help it through its ongoing efforts to avoid bankruptcy.
Manufacturing equipment specialist, Manz reported preliminary record revenue of €266.2 million in 2013, with solar segment sales of only €10.4 million.
SolarWorld has reported preliminary 2013 financial results, highlighting its continued bankability issues in key historical markets such as Germany during its lengthy financial restructuring phase.
A strong spike in PV module shipments in the fourth quarter of 2013 supported Canadian Solar closing in on 2GW of shipments for the year and secured a return to profitability in 2013.
Solar crowdfunding service Mosaic is to offer loans to homeowners in California for PV systems.
Kenya’s solar feed-in tariff is insufficient for projects to be viable and should be entirely reviewed, according to the head of a company looking to develop large-scale PV plants in the country.
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.
Trina Solar reached PV module shipments in 2013 of approximately 2.58GW, over 1GW above shipment levels achieved in 2012. Due to expected strong demand in 2014, the company guided shipments to increase a further 1GW to between 3.6GW to 3.8GW.
Major US residential PV provider, Vivint Solar has secured new tax equity transactions that would enable the company to fund around US$280 million worth of PV system installations.
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.
JinkoSolar reported total shipments over 1.9GW and revenue of US$1.17 billion in 2013, with full-year profitability secured and becomes the first China-based tier 1 PV manufacturer to do so after more than two years of losses within the sector.
The management of German rooftop PV installer and module manufacturer Centrosolar has unveiled an insolvency plan, which has been approved by the company’s creditors’ committee.
The Renewables Infrastructure Group (TRIG) is planning to increase its solar and wind assets with as much as £200 million of investment a year.
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.