REC Solar has released preliminary financial results for the fourth quarter of 2013, indicating sales to be around US$182 million, compared to US$148 million in the third quarter of 2013.
Tokyo Electron (TEL) has announced plans to discontinue its ‘micromorph’ turnkey thin-film production line operations, which it acquired after buying Oerlikon Solar in 2012.
Major polysilicon producer, Wacker Chemie, said it would benefit from a one-time windfall of around €115 million in the first quarter of 2014 due to the restructuring of a supply contract with an undisclosed solar PV customer.
Ontario’s energy regulator received almost 500MW of project proposals, including 463MW of photovoltaics (PV), in the five-and-a-half week period that the feed-in tariff (FiT) window was last open.
SunPower has secured a US$220 million loan from Bank of America Merrill Lynch (BofAMerrill) to support its next wave of residential solar lease projects in the US.
Power control and monitoring equipment specialist, skytron energy has received cETLus approval to the UL/CSA 60950-1 equipment safety standard rounds of UL certification for its skycontrol power plant controller.