Manufacturing

First Solar reported fourth quarter and full-year 2013 results that failed to meet financial analyst’s expectations by a wide-margin, with it shares taking a big tumble.

After establishing PV projects in areas such as North America, SunEdison is finally making its way to the UK, as the manufacturing giant is constructing four PV plants in the UK.

Chinese thin-film manufacturer Hanergy Solar has confirmed that it has now received all due payments from its parent company Hanergy Group.

Analysts have predicted slow growth for India’s solar market this year due to delays in implementing its waning national solar mission.

First Solar has reported a world record for a CdTe solar cell with a conversion efficiency of 20.4%.

Market research firm, IHS, has reiterated its forecast that PV capital spending would increase by 42% from the lows of 2013 and reach US$3.37 billion in 2014.

Chinese tier one manufacturer ReneSola will open a manufacturing base in Japan, in partnership with electronics trading company Vitec.

Meyer Burger and CSEM PV Center are establishing the Swiss-Inno HJT Project that will include a pilot line and development program to produce low-cost Heterojunction silicon solar cell technology (HJT).

Leading CIS thin-film PV module manufacturer, Solar Frontier reported its first annual profit in 2013, fuelled by the boom in the Japanese market.

In a continued effort to return its Energy and Environmental Solutions (EES) division to breakeven, despite two-years of downsizing and restructuring, Applied Materials said it had reduced EES spending per quarter to US$25 million.