Markets & Finance

France’s minister for ecology, sustainable development and energy, Ségolène Royal, has announced the award of 40.7MWp worth of feed-in tariffs (FiTs) across 217 PV projects, in the third phase of a national tender process.

India’s energy minister, Piyush Goyal has said the nation’s solar target is to be multiplied to 100GW by 2022.

PV manufacturer China Sunergy (CSUN) has signed a memorandum of understanding (MOU) with Deniz Finansal Kiralama (DenizLeasing), that will see the pair offer solar through leasing in Turkey.

PV module assembly equipment specialist, Spire Corporation reported third quarter 2014 revenue of US$3.7 million and nine months revenue of US$11.7 million, a 6% increase over the prior year period.

The US Department of Energy loans guarantee programme has made more from interest payments than it lost on failed companies such as Solyndra.

Ahead of its financial analyst day event, major PV energy provider SunPower has pre-released financial guidance for 2015, while announcing its highly anticipated next wave of manufacturing capacity expansions.

High-tech manufacturing equipment firm, Manz AG reported record revenue for the first nine months of 2014, driven by its Flat Panel Display segment, which generated €179.9 million from the total revenue of €250.9 million.

Strong growth in solar and wind will make renewable energy generation the world’s leading source of power by 2035, according to the International Energy Agency (IEA).

Labor refused to scrap Australia’s Renewable Energy Target (RET), and has now left negotiations to have the policy slashed.

The US subsidiary of China-based tier-one PV module manufacturer, JinkoSolar, has secured a two-year line of credit of US$20 million to support US working capital and business operational needs from Wells Fargo Bank, National Association.