The largest polysilicon producer, GCL-Poly Energy Holdings and a group of other investors are to take a majority shareholding in bankrupt PV module manufacturer, Shanghai Chaori Solar. The company also announced plans to dispose of its wafer production business, which has recently been expanded to a nameplate capacity of 13GW.
The UK’s High Court has ruled that changes to support for large-scale solar projects in the UK were legal as it refused an application for a Judicial Review.
Hong Kong based independent power producer (IPP) Sky Solar has postponed its initial public offering (IPO) of shares, which were expected to start trading today on NASDAQ.
A partnership between Chinese PV technology company Clenergy and Xiamen National Hi-Tech Entrepreneurship Centre to develop 150MW of commercial rooftop projects, has completed its first megawatt-scale project.
First Solar and Belectric have started construction of one of the UK’s largest solar farms, a 46MW project in Oxfordshire that will bring large-scale PV capacity deployed by the pair in the UK up to 80MW when completed.
First Solar reported third quarter net sales of US$889 million, an increase of US$345 million from the second quarter of 2014. However, project delays would result in full-year revenue guidance lowered by US$100 million to a range of US$3.6 billion to US$3.9 billion.
Canadian Solar has revealed that it has also been a major winner in the recent reverse auction in Brazil for PV, securing 114MW of projects with local PV developer, Solatio in the state in Minas Gerais.
