Major tier-1 PV manufacturer, Trina Solar has significantly reduced module shipment guidance for the first quarter of 2014, due to weakness in orders from the EU because of a pending price adjustment being ratified by EU and Chinese authorities as part of an anti-dumping agreement.
German-based PV module manufacturer, aleo solar expects first quarter 2014 revenue to be around €11.6 million, a 62.7% fall from the same quarter of 2013.
Leading PV Manufacturer, Yingli Green has said that delays in obtaining construction approvals for PV projects planned in Algeria were behind the need to lower first quarter 2014 module shipment guidance.
US installer SolarCity has announced pricing details of its second securitisation, which investment banking firm Roth Capital has described as an “evolutionary step on the path to lower-cost financing".
SunEdison has announced financial close on a 50MW solar plant in Chile, which it claims is Latin America’s largest operational PV plant and also one of the biggest PV projects in the world operating without subsidies.
Portuguese renewable energy developer, EDP Renováveis (EDPR), has secured €30 million (US$41 million) in project finance for 50MW of Romanian PV, despite recent cuts to the county's solar incentives.
US conglomerate General Electric (GE) will invest in the running of Japan’s largest solar power plant, an ¥80 billion (US$777 million) scheduled for completion in 2018, according to reports in Japanese and international media.