- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
PV project developer, SPI Solar a majority owned subsidiary of bankrupt Cayman Island registered LDK Solar has sold a recently announced 50MW project to Xinyu Zhongzhi Guoxiang New Energy Electric Power Investment Development.
Major polysilicon producer Wacker Chemie expects revenue from cancelled or restructured polysilicon supply contracts from its solar sector customers to be around €210 million (US$283.2 million) in 2014.
China-based PVEP, Shunfeng Photovoltaic International (SF-PV) said it expected to report a profit for the first six months of 2014, primarily due to the increased solar cell sales coming from its manufacturing subsidiary, Wuxi Suntech Power Co.
A new US$50 billion development bank jointly formed by the so-called BRICS nations could offer solar a vital new source of funding, according to a leading expert.
Thin-film PV module developer and manufacturer Ascent Solar Technologies, Inc. has reached an agreement with investors that will see the company secure US$32 million in senior secured notes and warrants in order to buy shares of its common stock in a private placement.
Tier-one PV manufacturer, ReneSola has said that a new framework agreement with Chinese retailer, China Seven Star Holdings, could lead to the sale of around 200MW of existing and planned PV projects within 18 months.
Updated. Tier-one PV module manufacturer, Hanwha Q CELLS, has said its review of a petition filed by Kyocera over a claimed busbar patent infringement has concluded that the lawsuit does not affect any of its products.
Industry association, the Silver Institute, said that industrial consumption of silver had “advanced at a healthy pace in 2014”, resulting in a 5% price increase since the beginning of the year.
Polysilicon producer, REC Silicon reported second quarter revenues of US$126.8 million, compared to US$113.3 million in the previous quarter, due to higher demand for fluidised bed reactor-based granular polysilicon and a 4% increase in selling prices.
Market research firm, EnergyTrend, has warned of weak demand across the PV supply chain in July, forcing inventory up and prices down.
A boom in the use of electric vehicles will help push the energy storage market to US$50 billion by 2020, a study by Lux Research has concluded.
Liquidators for Cayman Islands-listed LDK Solar have said the New York Stock Exchange (NYSE) appeal to the company’s delisting has been rescheduled from June to September 2014.
PV project developer, SPI Solar, has completed its private placement of newly issued shares that raised a total of US$21.75 million in new funding.
Solar silicon materials producer, Silicor Materials is to establish a 19,000MT plant in Iceland to convert metallurgical-grade silicon (MG-Si) feedstock to purified solar grade silicon that it claims can be produced at US$9/kg.
Chinese PV manufacturer, Zhongli Talesun, has said the filing of a patent infringement case by Kyocera Corporation against the Japanese subsidiary of Hanwha Q CELLS on the use of a ‘three-busbar electrode structure’ was a “crisis signal to most PV manufacturers”.