Market research firm, IHS, has reiterated its forecast that PV capital spending would increase by 42% from the lows of 2013 and reach US$3.37 billion in 2014.
Tier one PV manufacturer, Trina Solar, is acquiring a majority shareholding in Hubei Hongyuan PV Science and Technology, a solar cell producer in China.
Major PV energy provider (PVEP), SunPower Corp, has revealed it is prepping plans for its next-generation ‘Fab 5’ manufacturing facility that would be on a larger scale than existing facilities.
PV energy provider (PVEP), Canadian Solar is considering increasing production capacity to 3GW in 2014. The SEC filing also revealed that the company had increased module assembly capacity at its plant in Ontario, Canada from 330MW at the end of 2013 to 530MW of as of January 31, 2014.
SunEdison has said the polysilicon ingot production operations for its semiconductor customers would be consolidated with the full closure of its facilities in Merano, Italy, and the transfer of 200mm diameter ingot production from St. Peters, Missouri to other overseas facilities.
The PV cell and module manufacturing operations of Dutch firm Pufin Power are to increase their production capacity after securing a supply deal with French distributor Thomson Energy.
Robert Bosch subsidiary, PV module manufacturer aleo solar is to be acquired by Taiwan-based solar cell producer, Sunrise Global Solar Energy and Japanese manufacturing machinery producer, CHOSHU Industry.
SunEdison and the Government of Saudi Arabia are undertaking a feasibility study to establish a fully integrated PV manufacturing complex, including polysilicon production through to PV module assembly at an estimated cost of US$6.4 billion.