Total S.A. has become a preferred bidder in the third phase of South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) to build an 86MWp PV power plant using SunPower’s ‘Oasis Power Blocks’ integrated system.
Shunfeng Photovoltaic International has successfully acquired the PV manufacturing operations of Suntech Wuxi with administrator approval for around US$490 million. Suntech Wuxi had debts of more than US$2.3 billion.
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.
PV equipment supplier, BTU International, has reported third quarter net sales of US$12.0 million, down 15.7% compared to US$14.2 million in the preceding quarter as little sales activity was generated from the PV sector.
Hemlock Semiconductor continued to report positive financial results in the third quarter of 2013, despite the imposition by China of anti-dumping duties on imported polysilicon, notably from the US.
Two US PV manufacturers have announced milestones in the outsourced production of their equipment, suggesting the ‘fab-less’ and ‘asset-lite’ business model exist in the PV industry.
Beleaguered PV equipment supplier, centrotherm photovoltaics, has given a cryptic account of deterioration in revenue expectations over the next two years, having recently reviewed its order backlog.
