The construction of Kazakhstan‘s first utility-scale PV installation, which has already begun, will be supported with finance from the European Bank for Reconstruction and Development (EBRD).
Tier-one integrated PV manufacturer ReneSola already shifting its business model away from OEM production supply to bundled services as well as shifting its module sales to higher margin markets and away from the US and China with greater focus on its downstream project business.
PV project developer Solar Power, Inc (SPI) said it would certain assets of German-based PV distributor, Energiebau Solar Power. Financial details were not disclosed.
Singapore-based integrated PV module manufacturer REC Solar ASA has reported module sales down 16% quarter-on-quarter due to weaker demand in Europe and declining ASPs.
Tier-one integrated PV manufacturer Yingli Green Energy has been hit with several US-based proposed class action lawsuits over its statements in its delayed 2014 annual report regarding its going concern issues.
Tier-one PV module manufacturer JinkoSolar has reported total solar product shipments to third parties of 789.2MW in the first quarter of 2015, generating revenue of US$443.5 million.
The cost of subsidies for installing and maintaining residential solar power systems will cost Australia’s economy AUS$9.7 billion (US$7.5 billion), according to a new report, which has prompted a strong backlash from solar industry bodies, who said the findings were “cherry picking”.
