Financial & Legal

Hemlock Semiconductor continued to report positive financial results in the third quarter of 2013, despite the imposition by China of anti-dumping duties on imported polysilicon, notably from the US.

Wafer manufacturer, Green Energy Technology (GET), has said that its PV module manufacturing subsidiary, Apollo Solar Energy, is to expand production.

REC management has revealed that demand for both its polysilicon and PV modules remained strong in the third quarter of 2013.

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 Renewable Energy Company ASA has announced the results of its public share offering for its new division, REC Solar.

Struggling PV systems supplier, CENTROSOLAR, is seeking creditor protection via the Local Court of Hamburg.

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).

France is to lend €100 million to South Africa’s national utility Eskom to support the development of solar energy in the country.