Taiwan-based solar cell and wafer producers are being impacted by slowing demand from China and unfolding overcapacity that has resulted in ASP declines hitting monthly revenue figures since June.
China-based polysilicon and wafer producer Daqo New Energy has reported record production and financial metrics on strong demand in the second quarter of 2016.
Chinese solar cell and module manufacturer Hareon Solar Technology is bouncing back after its US$90 million lawsuit last year with new investment in its PV business and a new partnership.
The Arizona Corporation Commission has said that the rate structuring process for net metering in the state is subject to “undue influences”, and has hired out an attorney to investigate the issue, according to reports.
More than 2,100 solar supporters have written letters to the Arizona Corporation Commission (ACC), urging it to reject UniSource Energy's (UNS) electric rate proposal, ahead of an official ruling next Tuesday.
Specialist PV manufacturing equipment supplier Amtech Systems backed-up previous quarters order bookings with solar equipment sales in its third fiscal quarter of 2016, reaching US$19 million.
Yesterday, the Nevada Supreme Court unanimously ruled against a popular rooftop solar referendum for the upcoming 8 November ballot that could have restored net metering rates to their former, more favourable state by amending the Commission’s legislative authority.
In this week's Movers & Shakers segment, PV Tech focuses on employment shakeups in the US, Europe and Asia as key renewables companies reveal some hires and departures from the last fortnight.
Bankrupt renewables firm SunEdison has informed its two yieldcos that it will no longer pay interest on their senior notes due to Chapter 11 bankruptcy proceedings, according to SEC filings.
