Hanergy Group has secured financing from several Chinese banks totalling around 20 billion yuan (US$3.3 billion), according to reports, as it looks to become a major PVEP (PV Energy Provider) employing a-Si and CIGS thin-film technology for downstream PV power plants.
Crystal-growing equipment specialist, PVA TePla, has lowered its sales forecast for the year after experiencing a delay in a PV equipment order processing.
Having acquired amorphous silicon (a-Si) thin-film equipment supplier Oerlikon Solar for over US$280 million in 2012, Tokyo Electron (TEL) has made an impairment charge on the operations of around US$214 million, revaluing the operations at around US$71 million.
Chinese PV manufacturer Goldpoly New Energy Holdings has continued the expansion of its downstream business with the acquisition of a Zhongli Talesun subsidiary and with it 180MW worth of PV projects.
Specialist US-based solar wafer producer, 1366 Technologies has received a further US$2.5 million in Series C financing bringing the round to a total of US$17.5 million.
Restructuring and cost-cutting efforts at PV equipment and technology specialist, Amtech Systems helped limit fourth quarter financial year losses to US$1.7 million, a highlight in what has been another difficult year for the company.
A consortium headed by GE Energy Financial Services has completed an equity investment in the 143MW Catalina Solar PV power station in Rosamund, California.
