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.
Independent power producer, Etrion Corporation, has issued an €80 million bond in the Norwegian bond market, with plans to list the new bonds on the Oslo Stock Exchange within the next 30 days.
Insolvent Sunways, majority owned by bankrupt LDK Solar, has received interest from several prospective buyers of its PV inverter business, according to the company’s preliminary insolvency administrator.
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.
Solar wafer-to-module processing service provider, Solargiga Energy Holdings, has reported preliminary unaudited first quarter 2014 sales and shipments that are significantly higher than the same period a year ago.
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.
The US government has announced plans to smooth the path for the development of commercial-scale solar with US$15 million being set aside for community-lead projects.
Hanergy has signed a memorandum of understanding (MoU) with renewable energy asset management firm Greenbacker Renewable Energy Corporation for the funding of up to 126MW of PV projects in the US.
