News

The Indian government has revealed the financial bid results for its auction for 750MW of solar energy, with US firm First Solar looking likely to miss out, according to analysts.

Market research firm, IHS, has reiterated its forecast that PV capital spending would increase by 42% from the lows of 2013 and reach US$3.37 billion in 2014.

Chile’s installed PV capacity has reached the 102.6MW mark with the addition of SunEdison’s near 100MW Amanecer project.

Following its exit from PV module manufacturing in 2012, industrial technology firm SCHOTT is seeking a partner to take a majority shareholding in its Concentrated Solar Power (CPS) division.

On a three day visit to China, Pakistan president Manmoon Hussain and minister for Punjab, Shahbaz Sharif met with financial and development companies and banks in Beijing, and signed MoUs for continued investment in solar projects in Pakistan.

Companies responsible for 748 Japanese solar power projects that have gained approval to receive the feed-in tariff (FiT) but have not yet been built have been handed a temporary reprieve.

Indian PV module manufacturer Vikram Solar has been given tier one status.

The investment arm of Photon Energy has launched a new ‘yield co’ investment vehicle for European solar assets.

Chinese tier one manufacturer ReneSola will open a manufacturing base in Japan, in partnership with electronics trading company Vitec.

Major PV inverter firm, Sungrow Power Supply has teamed with SUMEC New Energy Development Co on distributed PV projects in China totalling 68MW.