Financial & Legal

JA Solar has raised its shipment guidance for the fourth quarter and full-year 2012.

Solar Frontier strengthened its position as the closest thin-film PV module manufacturer competitor to First Solar in 2012, posting record revenue of US$833 million (JPY78.2 billion).

Diehl Controls, a subgroup of Germany's Diehl Group, has sold its photovoltaics business unit to mutares Solar, a subsidiary of Munichs investment company mutares.

IFC, a global development institution for the private sector and a member of the World Bank Group, has issued a US$1 billion green bond which will be used to support IFC “climate-friendly” projects in developing countries.

The third-party financing business model is dominating the booming US residential market, according to the latest report from GTM Research.

Less than six-months after Ferro put its conductive paste business up for grabs, major materials supplier, Heraeus has purchased the business for an undisclosed sum.

PV project developer Gehrlicher Solar America (GSAC) has reported a 400% revenue growth for its PV systems business in the US in 2012.

PV manufacturer Isofoton will draw up a restructuring plan which is expected to impact 380 employees at its Malaga factory.

PV inverter sales at Advanced Energy (AE) remained strong in the fourth quarter of 2012 at US$59.6 million, down only 1.8% from US$60.7 million reported in the third quarter of 2012.

Sharp Corporation reported PV product sales of 55.9 billion yen for its FYQ3 2012, up 9.4% compared to the previous quarter.