News

South Korean manufacturer Hanwha SolarOne has supplied 12.9MW of HSL modules for a several solar parks in Portugal.

Renewable energy developer, Hareon Solar has signed a Letter of Intent to invest CNY10 billion (US$1.6 billion) for a 1GW solar farm in Inner Mongolia.

SolarCity has completed the US$54.4 million funding round, the first secured against solar energy assets.

Updated. Market research firm, IHS has reiterated growth projections for PV installations in 2013 of 35GW, while forecasting growth of only 15% to just over 40GW in 2014.

Solar companies Conergy and Camborne Energy have announced the sale of a planned 40MW solar farm portfolio to investor Primrose Solar.

Wafer producer PV Crystalox Solar has said it expects shipments to be at the high end of its mid-year guidance of 160-180MW.

Chinese renewable energy project developer, Focusic New Energy Holding, has secured a loan of CNY200 million (US$32.8 million), from the China development bank.

First Solar, set to construct what will be Australia’s two largest solar farms for gas and electricity retailer AGL Energy, has handed the contract for the framing systems for the two projects to a local company, IXL Group, in New South Wales.

The second of two major projects SunEdison is expecting to complete in Chile during the first quarter of 2014 has received project financing of US$100.4 million from the Overseas Private Investment Corporation (OPIC), the US government's development finance institution and IFC, a member of the World Bank Group.

Still waiting for an upturn in solar module equipment orders, Spire Corporation reported third quarter revenue of US$4.2 million, slightly up from US$3.6 million reported in the second-quarter and up from US$2.6 million in the first quarter of 2013.