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European companies buying products from Chinese manufacturers that flout new trade rules will face heavy penalties and even jail, a German law firm has warned.
Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.
Due to previously announced working capital constraints, China Sunergy (CSUN) was forced to increase its exposure to providing PV modules under OEM agreements in the third quarter of 2013.
Tier one Chinese PV manufacturer, ReneSola has reported another quarter of record shipments and revenue that exceeded guidance as its PV module and OEM business continued to increase.
German module manufacturer asola is to resume production at its facility in Erfurt.
Hanwha Solar One has signed a memorandum of understanding (MOU) with Jiangsu Zhongtian Technology to jointly develop, construct, finance and grid-connect PV projects.
David King has officially resigned from the Suntech’s board of directors with immediate effect, having stepped down from his positions as CEO and interim CFO in September 2013.
EU ProSun, the alliance of European solar manufacturers that brought the Chinese anti-dumping case, has said it is confident the European Court will rule that the resolution of the deal is not in line with the commission’s own rules.
EU governments have approved the anti-dumping measures on solar imports from China set out in August and confirmed that they will also form the basis of the resolution to the parallel anti-subsidy investigation.
REC Solar has cancelled its NOK200 million (US$32 million) revolving credit facility with sister company REC Silicon, citing a “positive outlook on business”.
Domestic shipments of solar cells and modules in Japan showed consistent growth again in the second fiscal quarter of 2013, according to the Japan Photovoltaic Energy Association (JPEA).
Solar manufacturing and construction firm, Conergy, says it is close to selling its module factory in Frankfurt to PV manufacturer, Astronergy.
A Chinese court has overturned its previous decision to throw out a legal dispute between LDK Solar and Canadian Solar over a wafer supply contract between the two companies.
Major tier one PV manufacturer, Trina Solar, is to take over operations of tier two module manufacturer, NESL Solartech, and expand capacity to 500MW.
German PV rooftop installer, Centrosolar, has completed the installation of 190,000 PV modules across rooftops in France.