High-tech manufacturing equipment firm, Manz AG reported record revenue for the first nine months of 2014, driven by its Flat Panel Display segment, which generated €179.9 million from the total revenue of €250.9 million.
Strong growth in solar and wind will make renewable energy generation the world’s leading source of power by 2035, according to the International Energy Agency (IEA).
India’s Reliance Power has successfully connected the world’s largest concentrated solar project (CSP) with compact linear fresnel reflector (CLFR) technology to the grid in India’s Jaisalmer District of Rajasthan, according to the company.
Vivint Solar, the newly floated US residential PV installer, has forecast a decrease in deployments in the final quarter of the year, blaming the prospect of harsh winter weather conditions.
The US subsidiary of China-based tier-one PV module manufacturer, JinkoSolar, has secured a two-year line of credit of US$20 million to support US working capital and business operational needs from Wells Fargo Bank, National Association.
The chief technology officer of Indian manufacturer and installer, Tata Power Solar, has said commercial rooftop solar will reach grid parity before any other solar segment in India, and will be the cheapest form of energy for customers by 2024.