During a scheduled visit to a SolarCity factory under construction in South Buffalo, New York, US Senator Charles E. Schumer (D-NY) announced his campaign to push for new legislation focused around extending the current federal solar investment tax credit (ITC) in order to support jobs and development in the PV market.
Leading semiconductor equipment supplier Applied Materials (AMAT) has confirmed to PV Tech that it is to close its Precision Wafering Systems (PWS) wire saw business, headquartered in Switzerland and stop development on its ‘Solion’ ion implant product.
The number of small-scale solar PV panel installations on residential rooftops in Australia has reached 1,441,876, with 74,756 installed so far this year, according to Australia's Clean Energy Regulator.
Module manufacturer Wuxi Suntech has agreed to supply around 200MW of solar panels to Indian conglomerate Adani Power for a PV project, which is under development in the Indian state of Tamil Nadu.
Sojitz Corporation of America (SCA), a US subsidiary of global trading and investment company Sojitz Corporation, has signed an agreement with Grupo T-Solar Global (T-Solar), which is affiliated with Spain-based Grupo Isolux Corsan, to become a 49% equity owner in two solar plants in Peru.
Major tier-1 PV manufacturer Yingli Green Energy is at threat of receiving a NYSE de-listing warning as its shares have traded below the US$1.0 threshold for the last 20 days of consecutive trading.
Inverter manufacturer Ingeteam has been granted a €55 million (US$61 million) loan by the European Investment Bank (EIB) for its research and development of renewable energy.
Hanergy Thin Film Power has issued a profit warning for its first half 2015 results as its primary customer, Hanergy Group, recently cancelled a major connected transaction to appease a Hong Kong stock market investigation into Hanergy TF’s viability when the majority of a sales go through its privately held parent company.
