Singapore-based integrated PV module manufacturer REC Solar ASA has reported module sales down 16% quarter-on-quarter due to weaker demand in Europe and declining ASPs.
Tier-one integrated PV manufacturer Yingli Green Energy has been hit with several US-based proposed class action lawsuits over its statements in its delayed 2014 annual report regarding its going concern issues.
The EU has opened an investigation into Malaysian and Taiwanese solar imports that could see the countries added to the scope of the Commission’s trade tariffs on Chinese modules.
The Minnesota Public Utilities Commission (PUC) has approved the landmark Aurora Distributed Solar Project, which was selected over a number of gas proposals in a landmark ruling in 2014.
Renewable energy development company SunEdison has signed off on deals with five municipal groups on Long Island, New York, to build seven solar installations for a total of 14MW.
Tier-one PV module manufacturer JinkoSolar has reported total solar product shipments to third parties of 789.2MW in the first quarter of 2015, generating revenue of US$443.5 million.
In a short statement Hong Kong’s Securities and Futures Commission (SFC) has confirmed that Hanergy Thin Film Power Group is under formal investigation after its shares plummeted last week and trading was halted.
