Shunfeng Photovoltaics is expected to need US$1.26 billion in working capital requirements for the next 12 months once its takeover of Wuxi Suntech is finalised, financial filings reveal.
First Solar is planning its next major CdTe thin-film production capacity expansion phase to occur in 2015 with an additional 1GW of nameplate capacity. The company revealed the plans during its 2014 Analyst Day event.
Major tier one PV manufacturer JA Solar reported better than guided shipments for the fourth quarter of 2013, while ending two years of quarterly losses on revenue of US$357.3 million.
Tracking system engineering firm Exosun has signed a deal with renewable energy company Fonroche Energie to provide 12MW of trackers and related services to the 'Le Betout' solar plant located in south-west France.
Bosch has said that its PV module assembly plant in Vénissieux, France is near being sold as talks with an unidentified potential investor were described as having reached “an advanced stage".
The Solar Energy Industries Association (SEIA) announced its support for new legislation presented in the Massachusetts State Senate and House of Representatives that would permit public and private distributed generation (DG) projects to continue, while also expanding the solar energy industry across the state.
GT Advanced Technologies (GTAT) has secured a major US$336 million polysilicon equipment and technology deal with Cosmos Chemicals Berhad as part of plans to build a 25,000MT integrated polysilicon plant in Sarawak, Malaysia.
