The company noted that it could not pay accrued interest and fees, which could result in the bank foreclosing. SPI Solar had total company deficit of US$56.1 million at the end of 2013, much of it owed to LDK Solar.
Tenaska Solar Ventures has opted to use only conventional PV modules at its planned 150MW PV power plant in Imperial Valley, California cancelling plans to use Soitec’s concentrated PV (CPV) technology for part of the original project.
PV module stringer specialist, teamtechnik said it had reduced cell-to-cell soldering cycle-times to below 2.25 second, boosting overall throughput of its single-track TT1600 stringer system to an annual output of 45MWp, inline with dual stringer systems, according to the company.
Major tier-1 PV manufacturer, Trina Solar has significantly reduced module shipment guidance for the first quarter of 2014, due to weakness in orders from the EU because of a pending price adjustment being ratified by EU and Chinese authorities as part of an anti-dumping agreement.
German-based PV module manufacturer, aleo solar expects first quarter 2014 revenue to be around €11.6 million, a 62.7% fall from the same quarter of 2013.
Leading PV Manufacturer, Yingli Green has said that delays in obtaining construction approvals for PV projects planned in Algeria were behind the need to lower first quarter 2014 module shipment guidance.
