Beleaguered PV equipment supplier, centrotherm photovoltaics, has given a cryptic account of deterioration in revenue expectations over the next two years, having recently reviewed its order backlog.
The turnaround at Q CELLS after its acquisition via receivers by South Korea’s Hanwha Group is said to be ongoing after its official first year of operations.
Having received court judgements on non-repaid loans from Suntech Power Holdings, some of the small bondholders are seeking Chapter 7 bankruptcy proceedings against the company.
The European Commission has announced a list of 140 electricity projects that will be fast tracked and have access to a funding pot of €5.85 billion (US$7.9 billion).
Investment in clean energy in the third quarter of 2013 was down 20% year-on-year, marking a “worrying” loss of momentum in the sector, according Bloomberg New Energy Finance.
