- Industry Roundup
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- Thin Film
- PV Modules
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LDK Solar has provided bondholders with a long-range forecast of its financial recovery over the next five years but expects investors to take a massive haircut or ultimately face a complete loss on the investment.
The Chinese government has excluded almost 80% of operating manufacturers, including Shunfeng and LDK Solar, from benefitting from domestic support measures as it looks to curb oversupply and increase the quality of its manufacturing solar sector.
International manufacturer SolarWorld has launched a fresh petition to end what it claims are anti-competitive activities by Chinese and Taiwanese PV manufacturers in the US.
Semiconductor technology group, Meyer Berger has announced an order from a European customer to provide CHF10 million (US$11 million) worth of components for a PV production line in South America.
According to NPD Solarbuzz, the PV industry has reached a tipping point that will propel the sector to an unprecedented demand in 2014.
Analysis firm EnergyTrend has predicted that global market demand for photovoltaics (PV) will total around 42GW in 2014.
The US department of energy is more than half way toward the final target of its cost cutting programme for solar energy.
Editor and guest blogs have continued to be a major attraction to the vast number of readers of PV Tech’s website. Based on traffic data provided by Google Analytics we are once again sharing the top 10 most read blogs from this year, itself a popular read in past years.
Accounts being audited due to SolarWorld’s financial restructuring activities have revealed the company will have to make extra non-cash impairment charges of around €140 million for its 2012 fiscal year.
Chinese manufacturer Trina Solar has been awarded a contract to supply 25MW of PV modules to the third phase of a 75MW solar power station, Bangchak Solar Energy Project, in Thailand.
Workers at Spanish PV manufacturer Isofotón’s Malaga factory have ratified a redundancy package that will effectively mean the closure of the facility from early 2014.
Following on from recent projections for the PV industry, market research firm IHS has revealed key developments and issues for the sector in 2014.
Shunfeng Photovoltaic has announced that one of its largest shareholders has paid the RMB2.5 billion (US$412 million) balance for Suntech’s manufacturing arm.
Long-term quality assurance testing at Sharp Corporation on DuPont Photovoltaic Solutions backsheet and metallisation pastes have been concluded with the materials passing stringent tests.
A major Korea-based PV module manufacturer has placed an initial order with Spire Corporation for advanced test and metrology equipment as part of a capacity expansion programme.
Solar energy firm Sunpower has secured a 20MW order from Japanese low-carbon energy firm Ecomax.
Subsidiary of industrial group Martifer, Martifer Solar has completed a 3.5MW rooftop installation in Brussels.
Sharp has announced that it will cease solar PV production at its Wrexham manufacturing plant in February 2014.
The US Department of Energy (DOE) is making a US$13 million investment in five separate projects designed to improve manufacturing competitiveness in the domestic solar industry.
PV project developer, Sybac, has taken steps through TÜV Rheinland to ensure four large-scale power plants totalling 54MW have been fully optimised and meet highest quality standards for investors and owners.
Following a trade dispute and ruling by the WTO, Ontario has scrapped its domestic content requirement for wind and solar projects.
The IFC, part of the World Bank, has signed an agreement with China’s Chint Group to develop solar farms and supply chains in emerging markets.
An existing customer of Meyer Burger based in Asia has placed orders with the company worth CHF15 million (US$16.8 million). The delivery is expected to be completed in the first quarter 2014.
Philip Fan, independent director and board member at Suntech Power Holdings, has resigned his position with immediate effect, according to an SEC filing.
A multi-million euro investment is being made by China-based start-up, Nanjing Sunport Power Co. Ltd., in purchasing a complete, back-contact PV module assembly lines from Dutch manufacturer, Eurotron.
China-based thin-film module producer, Astronergy, is to buy Conergy’s Frankfurt modules factory.
Tier one PV energy provider (PVEP), Canadian Solar, has said that due to the scale of planned PV power plant projects in China, module demand is expected to exceed 10GW in 2014.
The Suntech module brand will stay in use after the long-running acquisition of the firm’s manufacturing arm is completed, Shunfeng executive chairman Zhang Yi has told PV Tech.
PV project developer, Strata Solar has secured a 160MW module supply deal with China-based BYD that includes the supply of batteries that will be used with some its utility-scale projects planned for 2014.
Masdar PV said that the first of its custom-sized a-Si thin-film modules have been shipped and installed for a BIPV project in Sweden.
CIGS thin-film specialist, Solarion has started production of a foil-backed flexible thin-film module with ratings of between 65 and 80 Watt.
Major tier one PV manufacturer, Trina Solar, has accepted the resignation of its chief financial officer (CFO), Terry Wang, effective January 10, 2014 .
PV manufacturer JA Solar has announced a top-level management reshuffle.
The market for concentrated photovoltaics (CPV) is entering a phase of “explosive growth”, according to market research firm IHS.
The liquidators of Suntech Power Holdings are to investigate the planned sale of the company’s main Chinese manufacturing unit to Shunfeng Photovoltaic International for possible legal breaches.
With PV manufacturers around the world running at high utilisation rates for the first time in two-years, back-end equipment specialist Komax Solar said it had received two large orders for PV module production equipment.
Yingli Green Energy (Yingli) has launched ‘All Under One Sun’, the company’s official sponsorship campaign for the 2014 football World Cup.
Module manufacturer, Jinko Solar, has announced its modules have gained Japan’s stringent JPEC certification.
Solar power firm Canadian Solar has secured a US$40 million loan from Harvest North Star Capital for the development of 145MW of projects in Japan.
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).