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.
The Indian Ministry of New and Renewable Energy (MNRE) has met to discuss revised plans to tender 10GW of solar capacity on a state-by-state basis over the next year.
The acquisition of PV module manufacturer REC Solar was said to have been completed by Norway-based Elkem Group, owned by Chinese investment firm China National Bluestar Group.
Major merchant solar cell producer Neo Solar Power (NSP) reported first quarter 2015 sales down around 37% from the same period a year ago as demand remained weak.
European utility giant E.On has furthered its moves into the continent’s PV market, expanding the terms of a deal with California-headquartered Sungevity to offer solar services in Germany.
One analyst has predicted that 12,500 residential PV storage systems could be installed in Germany in 2015, more than the total number of systems installed with support from a government scheme in its first two years.
Solar developer Con Edison Development, a subsidiary of Consolidated Edison, has acquired a portfolio of six Californian solar PV projects totalling 140MW from a joint venture between global solar developer SolarReserve and GCL Solar Energy, a division of GCL-Poly Energy Holdings.
Thin-film module producer Solar Frontier has revealed that it will partner with German developer, New Energy for the World (NEW) to develop and sell 100MW of solar farms in the UK.
