PV installations reached a record 723MW in the first quarter of 2013, representing a 33% increase over the first quarter of 2012, according to GTM Research
Having been a long-term supplier of ingots and solar wafers to Sharp Corporation, China-based Solargiga Energy Holdings has signed a new deal to include 370MW of PV modules in 2013, making Solargiga, Sharps largest PV product supplier, according to the company.
LDK Solar actually beat revenue guidance for the first quarter of 2013 but the struggling PV manufacturer reported losses of US$187.1 million and exited the quarter with US$174.1 million in cash and US$168.4 million in short-term pledged bank deposits.
Canadian Solar has secured its largest EPC contract to date with the signing of an agreement to build a 130MW PV power plant in Ontario, Canada for Samsung Renewable Energy.
Luxembourg-based manufacturer CNPV Solar Power has completed the first phase of a 10MW module supply deal with Indian steel and textile firm Cheenu Group.
With increasing numbers of PV power plants expected to be located in harsh conditions such as in the desert’s, leading PV module manufacturer and PVEP, Yingli Green Energy said its modules had passed the Blowing Sand Test, conducted by SGS.
Both multicrystalline and monocrystalline modules from Canadian Solar have passed the Fraunhofer ISE's PID test in accordance with the draft IEC62804 (System Voltage Durability Qualification Test for Crystalline Silicon Modules).
International developer Mainstream Renewable Energy has formed a joint venture with investor Actis to deploy 600MW of solar and wind projects in Chile by 2016.
