Major tier-1 PV manufacturer JA Solar beat all key financial guidance metrics in the first quarter of 2014, due primarily to strong PV module demand coming from Japan and the UK.
DuPont said that its DuPont Apollo amorphous silicon (a-Si) thin-film module manufacturing subsidiary’s operations would be permanently closed by the end of 2014.
PV module manufacturer REC Solar ASA has confirmed plans to expand capacity at its integrated plant in Singapore by 300MW at a cost of around US$70 million.
Major PV energy provider SunPower has said that demand for its PV modules exceeded supply and that its PV project pipeline has topped 7.5GW, boosted by around 300MW of secured projects through its majority shareholder, the oil giant Total.
Aleo solar has reported negative operational earnings of almost 74% in its full-year report for 2013 while revenues have fallen by over 55%, as the company prepares to enter liquidation.
Korean-based materials and PV project developer, OCI has reported a new quarterly record in polysilicon shipments and higher average selling prices (ASPS), reflecting the continued strong demand in the PV industry in the first quarter of 2014.
Major CIS thin-film producer, Solar Frontier, is considering establishing a production plant in Buffalo, New York after signing a memorandum of understanding (MOU) with the State University of New York College of Nanoscale Science and Engineering (SUNY CNSE).
Bankrupt PV module manufacturer Shanghai Chaori Solar has stopped production at its Shanghai headquarters as customers cancel orders and it struggles to generate cash flow.
Plans have been agreed at the aleo solar EGM for the company to wind down through a liquidation, with as much as €50 million (US$69.1 million) of support provided by parent company Robert Bosch in order to avoid bankruptcy proceedings.
