The Renewables Infrastructure Group (TRIG) is planning to increase its solar and wind assets with as much as £200 million of investment a year.
JinkoSolar reported total shipments over 1.9GW and revenue of US$1.17 billion in 2013, with full-year profitability secured and becomes the first China-based tier 1 PV manufacturer to do so after more than two years of losses within the sector.
Trina Solar reached PV module shipments in 2013 of approximately 2.58GW, over 1GW above shipment levels achieved in 2012. Due to expected strong demand in 2014, the company guided shipments to increase a further 1GW to between 3.6GW to 3.8GW.
A JV PV module assembly plant (Vitec Global Solar) between ReneSola and semiconductor and electrical products supplier, Vitec will produce Virtus II modules at the plant in Japan with an annual nameplate capacity of 80MW.
Having worked with the Australian National University (ANU), the Solar Energy Research Institute of Singapore (SERIS) and PV Lighthouse, a two-year R&D program with Trina Solar to develop an Interdigitated Back Contact (IBC) solar cell is set to be commercialised.
Schneider Electric’s PV business operations were said to have reached a new milestone in 2013 with over 1GW of cumulated service contracts for PV power plants.
Major US residential PV provider, Vivint Solar has secured new tax equity transactions that would enable the company to fund around US$280 million worth of PV system installations.
Abu Dhabi’s research-driven advanced energy and sustainability university Masdar Institute of Technology, has unveiled plans to create a centre for researching “sustainable energy enabling technologies” encompassing the production, storage and efficient use of technology.
The management of German rooftop PV installer and module manufacturer Centrosolar has unveiled an insolvency plan, which has been approved by the company’s creditors’ committee.
The US Department of Energy (DoE) has revealed its 2015 budget with more funds allocated for solar but a crucial Investment Tax Credit (ITC) axed.