Major tier-one PV manufacturer JinkoSolar said it had secured more than US$62 million in a loan agreement with The Export-Import Bank of China (TEIBC) to support long-term fixed assets and mid-term working capital for its recently started Malaysia facility. The company said it had already drawn down the US$62 million loan.
PV module encapsulant producer STR Holdings could be the US front for its parent company, China-based project developer, Zhenfa Energy Group entering the US market.
Singapore-based integrated PV manufacturer REC Solar, recently acquired by Elkem Bluestar, is undergoing site selection analysis for its next major capacity expansion.
Germany-headquartered PV manufacturer SolarWorld has had a record efficiency for a PERC solar cell of 21.7% independently verified by the photovoltaic calibration laboratory (CalLab) of Fraunhofer ISE.
REC Silicon has revealed that it will halve production at its Moses Lake facility in Washington State as a result of the ongoing polysilicon trade dispute with China.
Zep Solar, the US rooftop PV mounting systems specialist backed by SolarCity, will launch its products into the UK market later this year, the company has told PV Tech.
Trina Solar has refuted reports that its manufacturing plans in Malaysia were opposed by government officials, but in the process revealed previously undisclosed details of the scale of its Malaysian OEM module deal.
A detailed preliminary analysis of global PV manufacturing expansion plans for the first half of 2015 indicates that little if any meaningful or ‘effective’ new plans were announced by Chinese producers for China.