- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
Renewable energy project developer, Mainstream Renewable Power has created Mainstream Capital to facilitate new low-cost financial structures for future projects said to be in excess of 1.7GW over the next three-years.
3TIER and IRENA have worked together to provide wind and solar datasets that have a resolution three to 30 times higher than any other publicly available data source.
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 .
The market for concentrated photovoltaics (CPV) is entering a phase of “explosive growth”, according to market research firm IHS.
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.
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.
Manufacturer of PV screen printing equipment, DEK Solar, has been sold as part of a deal between the owner of DEK, Dover Corporation, and ASM Pacific Technology (ASMPT), itself a part of Dutch-based semiconductor equipment supplier ASM International.
Independent research advisory firm Lux Research has claimed in a new report that by 2025, unsubsidised utility-scale solar power will be competitive with natural gas.
REC Silicon is to extend and existing polysilicon supply contract with an existing customer by two years.
The National Bank of Canada will provide Canadian Solar with short-term project financing for one its PV power plant projects to be built in Ontario, Canada.
Tightening supply of quality solar wafers due to booming demand for PV modules could see the return of contract trading by wafer producers, according to market research firm, EnergyTrend.
REC Solar has cancelled its NOK200 million (US$32 million) revolving credit facility with sister company REC Silicon, citing a “positive outlook on business”.
Sweden has come top of the new Energy Transformation Index (ETI) developed by the Fraunhofer Institute ISE and the International Solar Energy Society (ISES).
Mitsubishi Materials, a minority shareholder in polysilicon producer, Hemlock Semiconductor has sold its stake in the company to Dow Corning for US$240 million.
The operations and maintenance (O&M) market for megawatt-scale PV plants will total 146GW by 2017, according to GTM Research.
Climatescope, a report, index and web tool focussed on the clean energy market, will this year include markets in Africa and Asia, after last year’s inaugural edition centred on Latin America and the Caribbean.
Updated. Market research firm, IHS has reiterated growth projections for PV installations in 2013 of 35GW, while forecasting growth of only 15% to just over 40GW in 2014.
Trina Solar, one of the last major tier one module manufacturers to embrace the downstream project business model, is planning to have 30% of annual revenue attributed to PV power plant projects in the next three years.
The market for PV materials will grow at 9.2% annually till 2018, according to new a new report by Lux Research.
Suntech Power has said it intends to appeal a decision by NYSE Regulation, the oversight body of the New York Stock Exchange, to delist the company’s American Depository Shares.
JinkoSolar has said it will expand module capacity to at least 2GW in 2014, due to solar modules sales being virtually fully booked through the first half of the year.
The “start of a ‘new’ Conergy” has been heralded by the company as Kawa Capital Management finalised its acquisition of the global Conergy sales and service units.
US-based PV manufacturer and plant developer, First Solar, has comfortably held on to the top position of solar project tracker website Wiki-Solar’s table of leading utility-scale solar engineering, procurement and construction (EPC) companies.
Manufacturing costs for tier one integrated polysilicon and PV wafer makers are set to hit a record low of US$0.20 per watt in 2014, according to analysis by NPD Solarbuzz.
With an initial plan to invest around US$100 million, First Solar said it would build PV power plants in the booming Japanese market, both directly and with Japanese companies in partnership. Japan has not previously been a target market for First Solar.
Applied Materials has reported positive results while also revealing that it has diverted resources away from its solar operations.
Photovoltaic (PV) prices are set to increase by 9% in 2014, according to a new report produced by GTM Research.
Updated. PricewaterhouseCoopers, Suntech Power Holdings’ appointed liquidators in the Cayman Islands have claimed that Wuxi Suntech is owned by Power Solar System Co., a direct subsidiary of Suntech Power Holdings, casting doubt on the deal to sell the PV manufacturer’s Chinese arm.
Hanwha SolarOne is shifting its position in the PV industry in an attempt to improve its business opportunities and financial condition in light of its slow recovery, compared to tier 1 Chinese rivals.
The International Energy Agency (IEA) has called for increased support for renewable energy through “flexible” tariffs and for the end of market “distorting” fossil fuel subsidies.
Specialist encapsulant supplier, STR Holdings, continues to struggle following the loss of its major customer, First Solar, last year, as third quarter sales continued to decline, forcing further plant closures and restructuring efforts.
Yingli Green Energy has reported third quarter 2013 revenue of US$596.3 million and net loss of US$38.5 million as PV module shipments increased 5.1%.
Global capital spending in the PV industry is expected to increase at a higher rate than previously expected, says market research firm IHS.
Having been granted a provisional liquidation order in the Cayman Islands, Suntech Power Holdings has also appointed PricewaterhouseCoopers to support its restructuring efforts.
Despite increased shipments and sales reported in its second quarter (FY) results, China Sunergy has been forced to lower quarterly and full-year guidance due Chinese banks tightening credit facilities, restricting the company’s ability to purchase materials and products for production.
SunEdison posted a loss of US$112.1 million in the third quarter of 2013, yet its Solar Energy segment revenue soared to US$441 million, a 75% increase over the previous quarter.
Citing a sharp decline in sales, strong ASP pressure, product mix sales changes and underperformance of its Chinese subsidiary, Zeversolar leading PV inverter company, SMA Solar Technology reported a nine-month loss of €26.9 million.
Advanced Energy (AE) reported Solar Energy (PV inverter) segment sales of US$67.5 million in the third quarter of 2013, flat with the prior quarter, but ahead of a flagship new product launch that has helped boost its order backlog to US$45 million.
Updated. The latest but not unexpected twist to Suntech Power Holdings financial position is that the company is seeking US court, Chapter 15 liquidation, according to an SEC filing by the NYSE-listed company.
Enphase Energy has cited the roll-out its fourth generation microinverter and an expanding commercial rooftop as factors behind its record quarterly revenue posted this week.
The market for microinverters and DC power optimisers could be worth as much as US$2 billion by 2020, according to a new report by Navigant Research.
Iconic consumer electronics firm, Apple, is investing US$578 million in a new manufacturing plant to be operated by GT Advanced Technologies (GTAT), creating 700 jobs in Arizona, US.
PV inverter leader, SMA Solar Technology, has said it will not meet full-year revenue guidance on the back of pricing pressure and further unexpected weakness in its core European markets.
Canadian Solar has issued upward shipment and margin guidance ahead of releasing its third quarter financial results on November 13.
In issuing third quarter 2013 financial results, thin-film market leader First Solar, reported its largest quarterly decline in its CdTe module cost per watt since 2007.
Japanese electronics manufacturer Sharp has seen sales of its solar cells increase by over 80% in the first half of this financial year compared to the same period in 2012.