The parent company of Hanergy Thin Film Power (Hanergy TF) has insisted the firm is in good financial condition despite its shares almost halving in value yesterday.
A new piece of legislation has been proposed that would help extend the Investment Tax Credit (ITC) for both residential and commercial solar projects in the US.
More than 7.7 million people were employed in the renewables industry in 2014, an 18% rise from 6.5 million the previous year, according to a new report from the International renewable energy agency (IRENA).
The amount of solar capacity installed in the US is forecast to nearly double to 40GW by 2017, up from 20GW in 2014, according to a new video report from the US Solar Energy Industries Association (SEIA).
Four international companies have been awarded 50MW solar PV projects under Jordan’s Round 2 solar PPA tender, with industry bodies hoping the results will help the Middle East solar market take off.
Major tier-one PV manufacturer JA Solar said it was building a 400MW solar cell plant in Penang, Malaysia as well as adding capacity for high-performance monocrystalline and multicrystalline cells and modules, while establishing a JV module partnership with Essel in India.
Latin America is forecast to install 2.2GW of PV in 2015, a 352% increase from 625MW in 2014, according to the recently released “Q1 2015 Latin American PV Playbook” report from GTM Research.