Kyocera Corporation a multinational electronics and related components manufacturer has made a significant US$459 million impairment charge on long-term polysilicon supply contracts, as well as downsizing its solar operations in the US, which were the primary reason for its Life & Environment Group (solar PV included) reporting a large operating loss in fiscal 2018.
Leading CdTe thin-film PV manufacturer First Solar may be benefiting from increased demand for its modules from utility-scale customers in the US, which has resulted in the announcement of a new 1.2GW Series 6 module production plant, yet bookings in Europe are fast approaching 1GW.
A joint venture between Enviromena Power Systems and Spanish firm TSK has commissioned a 105MW solar PV project in Jordan, having received financing from the Abu Dhabi Fund for Development (ADFD).
Specialist PV manufacturing equipment supplier Singulus Technologies has booked over €40 million (US$48.5 million) in new CIGS (Copper-Indium-Gallium-Diselenide) thin-film manufacturing equipment orders in 2018.
Polysilicon producer Wacker Chemie plans to restart production at its Charleston US facility in the second quarter of 2018, after an explosion on September 7, 2017.
Canada-based PV project developer and EPC Grasshopper Solar has secured a new round of project finance from Deutsche Bank to enable further PV power plant construction and ownership.
The European Bank for Reconstruction and Development (EBRD) has allocated financing for up to US$55 million to help pay for the construction of a 85MW PV portfolio owned by Akfen Yenilenebilir Enerji A.S. in Turkey.
Australia's National Energy Guarantee (NEG), which has been waived through for a final decision in August, would significantly harm the country's large-scale renewables pipeline, with just 1.5GW expected to be completed by 2025 despite the current 16GW pipeline, according to the head of the country’s solar and storage council.
Perovskite solar cell developer Oxford Photovoltaics (PV) has undertaken a new funding round, led by key investors, Statoil and Legal & General Capital.
Leading PV manufacturing equipment supplier Meyer Burger said it would appeal an initial judgment made in a Chinese court that dismissed its patent infringement lawsuit against Wuxi Shangji Automation Co over its Diamond Wire Management System (DWMS).
