Struggling ‘Silicon Module Super League’ member Yingli Green Energy has missed shipment guidance for the third quarter and will take a non-cash impairment charge of US$581.3 million on long-lived manufacturing assets, due to lower utilisation rates.
Struggling PV manufacturer China Sunergy (CSUN) experienced a significant increase in shipments and revenue from the US in its fiscal second quarter financial results.
Australia’s Green Party has proposed a pathway to reaching a “90% by 2030” renewable energy target for the country, also proposing to double energy efficiency from current levels.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has said it expects to reach nameplate capacity of 5.2GW for both solar cells and modules by the middle of 2016 as the company continues major expansions in 2015.
Updated: Subsidaries of China-based polysilicon and PV module manufacturer LDK Solar have been forced into bankruptcy proceedings in China only shortly after the parent company, formerly listed in the US, exited bankruptcy proceedings of its own.
Fresh questions have been raised over measures to prevent “dumping” of cheap solar products from China into the EU, following the news that two more Chinese exporters have been removed from the undertaking.
Wells Fargo and Barclays have signed financing facility agreements with Trina Solar’s subsidiaries in the US and Singapore, worth a total of US$90 million.
