Aleo solar has reported negative operational earnings of almost 74% in its full-year report for 2013 while revenues have fallen by over 55%, as the company prepares to enter liquidation.
Korean-based materials and PV project developer, OCI has reported a new quarterly record in polysilicon shipments and higher average selling prices (ASPS), reflecting the continued strong demand in the PV industry in the first quarter of 2014.
Major CIS thin-film producer, Solar Frontier, is considering establishing a production plant in Buffalo, New York after signing a memorandum of understanding (MOU) with the State University of New York College of Nanoscale Science and Engineering (SUNY CNSE).
Solar wafer-to-module processing service provider, Solargiga Energy Holdings, has reported preliminary unaudited first quarter 2014 sales and shipments that are significantly higher than the same period a year ago.
Bankrupt PV module manufacturer Shanghai Chaori Solar has stopped production at its Shanghai headquarters as customers cancel orders and it struggles to generate cash flow.
Hanergy has signed a memorandum of understanding (MoU) with renewable energy asset management firm Greenbacker Renewable Energy Corporation for the funding of up to 126MW of PV projects in the US.
Plans have been agreed at the aleo solar EGM for the company to wind down through a liquidation, with as much as €50 million (US$69.1 million) of support provided by parent company Robert Bosch in order to avoid bankruptcy proceedings.
