After two years of living hand to mouth, PV manufacturers are once again looking at building new production capacity as demand booms. Mark Osborne charts the expansion plans of the industry's leading suppliers.
Independent power producer, Etrion Corporation, has issued an €80 million bond in the Norwegian bond market, with plans to list the new bonds on the Oslo Stock Exchange within the next 30 days.
Insolvent Sunways, majority owned by bankrupt LDK Solar, has received interest from several prospective buyers of its PV inverter business, according to the company’s preliminary insolvency administrator.
Korean-based materials and PV project developer, OCI has reported a new quarterly record in polysilicon shipments and higher average selling prices (ASPS), reflecting the continued strong demand in the PV industry in the first quarter of 2014.
Major CIS thin-film producer, Solar Frontier, is considering establishing a production plant in Buffalo, New York after signing a memorandum of understanding (MOU) with the State University of New York College of Nanoscale Science and Engineering (SUNY CNSE).
Major PV energy provider Canadian Solar has been selected to supply 43MW of its CS6P255P modules to the second largest solar power plant project in Japan, according to the company.
Solar wafer-to-module processing service provider, Solargiga Energy Holdings, has reported preliminary unaudited first quarter 2014 sales and shipments that are significantly higher than the same period a year ago.
Bankrupt PV module manufacturer Shanghai Chaori Solar has stopped production at its Shanghai headquarters as customers cancel orders and it struggles to generate cash flow.
According to new analysis from market research firm IHS sufficient PV module supply outside China and Taiwan exists to meet expected demand in the US in 2014, dampening panic buying before a US anti-dumping judgement due later this year.
Plans have been agreed at the aleo solar EGM for the company to wind down through a liquidation, with as much as €50 million (US$69.1 million) of support provided by parent company Robert Bosch in order to avoid bankruptcy proceedings.
