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Taiwanese cell and module producer Neo Solar Power (NSP) has become the latest solar firm to reveal plans for a yieldco vehicle to support a move into downstream PV project activity.
Chinese state-owned solar developer United PV has hinted that it would intervene should Yingli’s financial woes escalate.
Insolvent German module manufacturer Solar-Fabrik has said it is to reduce its workforce by 65 jobs as it continues to search for an investor to rescue the company.
Module manufacturer Trina Solar has reported record first quarter module sales of 1,026.2MW for Q1 2015.
The parent company of Hanergy Thin Film Power (Hanergy TF) has insisted the firm is in good financial condition despite its shares almost halving in value yesterday.
The “gradual decrease” in debt and cash from its nascent downstream business will be at the heart of Yingli’s long-term future, the company’s CFO has told PV Tech.
Shares in Chinese thin-film solar firm Hanergy Thin Film Power (Hanergy TF) fell 47%, wiping HK$144.3 billion (US$18.6 billion) off the company’s market value before trading was suspended in Hong Kong.
Shares in tier-one module manufacturer Yingli fell 36% yesterday in the wake of a warning from the company that it was struggling.
Major tier-one PV manufacturer JA Solar said it was building a 400MW solar cell plant in Penang, Malaysia as well as adding capacity for high-performance monocrystalline and multicrystalline cells and modules, while establishing a JV module partnership with Essel in India.
European solar power services company Photon Energy claims an emphasis on new business areas including operations and maintenance (O&M), opened up new revenue streams to boost its group performance in the past quarter.
Integrated PV module manufacturer SolarWorld said its Passivated Emitter Rear Cell (PERC) technology had proved a big hit in the US market and would reach 430MW of production capacity at its US-based plant in Hillsboro, US in the second quarter of 2015.
The US Solar Energy Industries Association (SEIA) has thrown its weight behind new legislation that would allow the federal government to enter into 30-year power purchasing agreements (PPAs) for renewables.
PV module encapsulant supplier STR Holding has resorted to accepting PV modules as payment worth approximately US$7.4 million for encapsulant material supplied to a Chinese PV module manufacturer.
Sharp Corporation reported its Solar Cells unit significantly increased sales and operating income in FY2014 due to strong domestic demand and its shift to downstream PV mega-solar project business.
Chinese solar investor United PV has agreed a deal for a 930MW portfolio of projects from developer Hareon Solar.