To benefit from a new feed-in tariff (FiT) system to be introduced in Indonesia, Canadian Solar is planning to partner with local PV module manufacturer, PT Swadaya Prima Utama on a proposed 60MW plant.
Distressed capital management firms, Clearwater Capital Partners and Spinnaker Capital are working with Suntech Power Holdings to prepare a major restructuring plan for the ailing PV module manufacturing, including downsizing through asset sales and a recapitalisation that could mean majority share takeover by unidentified investors.
Leading machine vision systems specialist, ISRA Vision has hinted at further PV equipment acquisitions and a whiff of recovery in equipment enquiries within the PV sector in reporting third quarter financial year results.
Solar Frontier, a subsidiary of the Japanese Shell Group, Showa Shell Sekiyu K.K, is celebrating the six month performance of a 10.5MW array in Saudi Arabia.
Two engineers working on First Solar's Desert Sunlight Solar Farm were killed yesterday when their plane crashed near the construction site close to Joshua Tree National Park.
In an attempt to debunk recent reports from Bloomberg New Energy Finance (BNEF) and IHS over the timing and location of the next wave of PV equipment capital spending, NPD Solarbuzz expects the upturn to be delayed due to PV module manufacturers adopting ‘fabless’ and ‘virtual manufacturing’ strategies through to the second-half of 2014.
SunEdison's share price surged today on news that the company would spin off its semiconductor business from its PV development business. Shares peaked on the New York Stock Exchange at US$8.34 each.
