GCL-Poly Energy Holdings, the largest polysilicon and wafer producer in the PV industry has confirmed the sale of its wafer production assets for approximately US$1.3 billion in cash.
Korean conglomerate, LG, has merged its Solar, Lighting and Energy Storage System (ESS) business units into a new ‘Energy Business Center’ in an effort to boost its competitiveness.
A member of Thailand’s National Reform Council is to propose to parliament a new energy law, national energy council and energy policy committee to promote solar energy in Thailand and to avoid social unrest.
The US is well within reach of a goal of sourcing 10% of its electricity needs from solar within 15 years, according to a coalition of environmental groups in the US.
The election, the end of anti-dumping as well as recent changes to coal in India, will spur growth in the industry for 2015, according to an industry report.
Major PV manufacturer, JinkoSolar reported a record high 758.1MW of module shipments in the third quarter of 2014, while guiding shipments of over 1GW in the fourth quarter.