US PV energy provider, SunPower, has said it will own and operate a new module assembly plant in South Africa to produce its E20/440 high-efficiency PV panels.
Singapore-based PV module manufacturer REC Solar expects to sell its full module manufacturing capacity output in 2014, further indicating a turnaround in fortunes after restructuring.
GT Advanced Technology (GTAT) was suffering from sapphire yield issues at its Arizona production plant, according to a consensus of financial analysts and equipment suppliers that PV Tech spoke to during Solar Power International, held in Las Vegas last week.
Conergy is selling its US solar distribution business to Soligent a major PV products distributor in the country for an undisclosed sum. As a result, Conergy is focusing on its PV project business in US.
In a shock move, major PV equipment provider, GT Advanced Technologies (GTAT) said it would file for chapter 11 bankruptcy in the District of New Hampshire, US.