Japan-based M.Setek, a subsidiary of Taiwan based flat panel display and PV module manufacturer, AU Optronics Corp (AUO) is to stop production of monocrystalline polysilicon production, due to cost competitive issues.
Major Taiwan-based solar cell producer Gintech Energy Corp ended a period of around six months of flat sales due to capacity constraints, posting December sales up 18.14%, compared to the previous month.
Last year saw a number of emerging solar markets begin to fulfil their potential, setting up some promising prospects for 2016. Josefin Berg, senior solar analyst at market research firm, IHS, discusses the emerging-market highlights of 2015 and what to expect in 2016.
State-owned firm the Indian Renewable Energy Development Agency (IREDA) is to issue INR17.2 billion (US$257 million) in tax-free bonds from today for the financing of renewable energy projects in the financial year 2015/16.
Global corporate funding in the solar industry reached US$25.3 billion in 2015, with a record year for residential and commercial solar, according to consultancy firm Mercom Capital.
Major renewable energy provider SunEdison has secured new term loans to reduce debts but carry an interest rate of LIBOR + 10.0% per annum through mid-2018.
