Financial & Legal

Major US residential PV provider, Vivint Solar has secured new tax equity transactions that would enable the company to fund around US$280 million worth of PV system installations.

JinkoSolar reported total shipments over 1.9GW and revenue of US$1.17 billion in 2013, with full-year profitability secured and becomes the first China-based tier 1 PV manufacturer to do so after more than two years of losses within the sector.

Two Taiwan-based solar cell manufacturers, Neo Solar Power (NSP) and Topcell Solar International (TSI) have concluded new short-term wafer supply contracts from GCL-Poly totalling approximately 4GW.

First Solar reported fourth quarter and full-year 2013 results that failed to meet financial analyst’s expectations by a wide-margin, with it shares taking a big tumble.

After establishing PV projects in areas such as North America, SunEdison is finally making its way to the UK, as the manufacturing giant is constructing four PV plants in the UK.

Chinese thin-film manufacturer Hanergy Solar has confirmed that it has now received all due payments from its parent company Hanergy Group.

Analysts have predicted slow growth for India’s solar market this year due to delays in implementing its waning national solar mission.

Although its major sapphire materials business win with iconic consumer electronics firm, Apple continues to generate headlines, GT Advanced Technologies (GTAT) has suggested new order wins for new products for the polysilicon and PV segment in the second-half of the year could be even greater.

The West African island nation of Cape Verde will receive €55 million (US$75.5 million) of financing between 2014 and 2020 from the European Commission, to assist the development of renewable energy.

Following its exit from PV module manufacturing in 2012, industrial technology firm SCHOTT is seeking a partner to take a majority shareholding in its Concentrated Solar Power (CPS) division.