In a short statement Hong Kong’s Securities and Futures Commission (SFC) has confirmed that Hanergy Thin Film Power Group is under formal investigation after its shares plummeted last week and trading was halted.
Taiwan-based solar cell producer TSEC Corporation is pitching its future competitiveness on plans to migrate to advanced N-type monocrystalline heterojunction (HJ) and advanced multicrystalline PERC (Passivated Emitter Rear Cell) technology over the next few years.
PV inverter manufacturer Sungrow Power Supply is to provide a suite of products to PV power plant projects being developed by PV module manufacturer Risen New Energy.
Tier-one PV manufacturer JinkoSolar has said its new production facility for solar cells and modules in Malaysia has started ramping on schedule and was expected reach capacity within two months.
Taiwan-based BIG SUN Energy Technology says it is making meaningful inroads into the competitive PV tracker systems market despite its focus on dual-axis trackers rather than the dominant single-axis systems.
Chinese manufacturer BYD Company is to build a 400MW PV module assembly plant in Brazil at a cost of around US$50 million, adding to its planned electric bus manufacturing facility in the state of São Paulo.
Major tier-one PV manufacturer JA Solar said it was building a 400MW solar cell plant in Penang, Malaysia as well as adding capacity for high-performance monocrystalline and multicrystalline cells and modules, while establishing a JV module partnership with Essel in India.
Integrated PV module manufacturer SolarWorld said its Passivated Emitter Rear Cell (PERC) technology had proved a big hit in the US market and would reach 430MW of production capacity at its US-based plant in Hillsboro, US in the second quarter of 2015.
PV module encapsulant supplier STR Holding has resorted to accepting PV modules as payment worth approximately US$7.4 million for encapsulant material supplied to a Chinese PV module manufacturer.
Sharp Corporation reported its Solar Cells unit significantly increased sales and operating income in FY2014 due to strong domestic demand and its shift to downstream PV mega-solar project business.