Major photovoltaics energy provider (PVEP) Shunfeng International Clean Energy reported a 19.5% increase in revenue for the first half of 2015 against a backdrop of profits falling 65.8%, compared to the prior year period.
The first reported quarterly figures for PV module shipments in Japan in the country’s current financial year show a drop below the 2GW mark for the first time since JFY2013.
The US Department of Energy (DOE) has backed teams working on 11 new solar technologies based on micro-CPV (concentrated PV), awarding funding of between just under US$1 million and US$3.5 million to each.
Tier-one PV manufacturer Hanwha Q CELLS' PV module shipments have increased 12.2% quarter-over-quarter, driven by shipments to the US, which accounted for 37% of total shipments by revenue in the second quarter.
Brazil’s largest solar panel manufacturing facility will be inaugurated on Friday (28 August) by manufacturer Globo Brazil, providing a major boost towards financing domestic PV projects.
According to Dutch media reports, Heerlen, Netherlands based solar cell producer, Solland Solar, a subsidiary of Italian industrial firm Pufin Group, has filed for bankruptcy protection.
Tier-one PV manufacturer JinkoSolar has raised its module shipment guidance for the full-year. The company expects shipments to be in the range of 4.0GW to 4.5GW, up from previous guidance of 3.3GW to 3.8GW.