The minimum price for Chinese PV modules imported into the EU free of tariffs is set to be cut from €0.56 (US$0.77) to €0.53/Watt (US$0.73), according to reports in China.
Led by BofA Merrill Lynch, SolarCity has secured US$250 million in a new financing facility to support the roll-out of more than 200MW of PV system installations in the US.
Duke Energy Renewables has granted turnkey engineering, procurement and construction (EPC) services to Swinerton Renewable Energy for its Pumpjack and Wildwood PV projects located in Bakersfield, California.
One of Mexico’s largest retail companies, Tiendas Soriana, is teaming up with global photovoltaic company, Hanwha Q Cells, to install solar across 120 of Mexico’s supermarkets.
Although the shutdown of its Sichuan Phase I polysilicon production line impacted profitability in 2013, tier one PV manufacturer, ReneSola reported a 142.5% year-on-year increase in PV module shipments, reaching 1,728.8MW with plans to reach 2.5GW in 2014.
JA Solar has received certification from TÜV Rheinland which gives assurances of the quality of the company’s module design, production and product warranty for sale in the Japanese market.
Market research firm, IHS has made further tweaks to its PV manufacturing capital expenditure forecast, highlighting another US$430 million is expected to be spent in 2014 with the total reaching US$3.8 billion by year-end.
