The African Development Bank Group (AfDB) has approved two loans, totaling €176 million (US$216 million) for the second phase of the Ouarzazate solar project in Morocco.
The impact of SolarMax parent company Sputnik Engineering’s insolvency has spread up the supply chain with German firm InTiCa facing a €2.5 million (US$3.1 million) hole in its 2014 figures.
GCL-Poly Energy Holdings, the largest polysilicon and wafer producer in the PV industry has confirmed the sale of its wafer production assets for approximately US$1.3 billion in cash.
The election, the end of anti-dumping as well as recent changes to coal in India, will spur growth in the industry for 2015, according to an industry report.
Major PV manufacturer, JinkoSolar reported a record high 758.1MW of module shipments in the third quarter of 2014, while guiding shipments of over 1GW in the fourth quarter.
Brazil’s Energy Research Company (EPE) announced this week 179 solar power projects, totalling 4.872GW are to bid for tenders in the upcoming national A-5 energy auction.
