Markets & Finance

A Chinese billionaire and one of the countries’ leading sportswear brands have invested US$140 million in project developer, SPI Solar.

A late surge in deployment in China will see the Asia-Pacific region top the 10GW mark inside one quarter for the first time, according to research by Solarbuzz.

Global solar developer, SunEdison, has closed a US$146 million debt facility to build 81.7MW of solar in the Central American country, Honduras.

Taiwanese PV analyst EnergyTrend has estimated 2014 PV demand will reach 44GW with Japan and the US making up for a lower than expected figure in China.

Global PV module manufacturer, Hanwha SolarOne’s Qidong, Jiangsu subsidiary has been given a US$23 million loan.

A 37.4MW solar power plant has received final approval for construction from the Mexican government.

The completion of South Africa’s latest utility PV power plant has coincided with new figures showing an “exponential” rise in the contribution solar is now making to the country’s grid.

The joint provisional liquidators (JPL’s) of Cayman Islands registered LDK Solar are to hand back management of the bankrupt firm to its management.

The Silver Institute, a trade association for leading silver producers expects overall industrial demand to increase by 27% through 2018, with demand from the PV industry increasing around 24% in that time frame.

In the latest ‘PV Inverter Market Tracker’ report from market research firm, IHS the global PV inverter market continues to remain highly dynamic and regional players in booming markets making the most gains.