Markets & Finance

PV equipment specialist, centrotherm reported first quarter 2014 revenue of €39.5 million of which around 50% was attributed to payments on its turnkey polysilicon plant being built for Qatar Solar Technologies (QSTec) in Qatar.

Banking giant Wells Fargo has invested US$100 million of tax equity financing in nine PV projects in North Carolina.

Market research firm, IHS has published its PV module supplier rankings for 2013, highlighting the continued dominance of Chinese producers but resurgence from two major Japanese firms.

Bankrupt German-based PV firm, Sunways has sold its PV inverter and BIPV businesses to Shunfeng Photovoltaic for an undisclosed sum.

Advanced thermal processing equipment supplier, BTU International has reported first quarter 2014 sales of US$11.7 million, up 6.3% compared the previous quarter.

Despite a booming domestic market, Japanese electronics giant Panasonic reported stagnant PV module system sales for financial year 2013.

Senior Moroccan officials will tour the US this June as they look to kick start the North African country’s ambitious US$12.4 billion solar plans.

DuPont said that its DuPont Apollo amorphous silicon (a-Si) thin-film module manufacturing subsidiary’s operations would be permanently closed by the end of 2014.

California-based Pacific Gas and Electric (PG&E) has topped the list of US utilities that added most new solar capacity to their systems in 2013.

Beleaguered German PV developer, SAG Solarstrom, has given an upbeat assessment of its prospects of finding the necessary investment to allow it to continue operation.