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.
PV module stringer specialist, teamtechnik said it had reduced cell-to-cell soldering cycle-times to below 2.25 second, boosting overall throughput of its single-track TT1600 stringer system to an annual output of 45MWp, inline with dual stringer systems, according to the company.
Major photovoltaics energy provider, SunEdison, has claimed to have reached a new milestone by hitting 1GW of outsourced PV module production in less than three years.
Duke Energy Renewables has granted turnkey engineering, procurement and construction (EPC) services to Swinerton Renewable Energy for its Pumpjack and Wildwood PV projects located in Bakersfield, California.
