Australia’s government and opposition have agreed to set the country's Renewable Energy Target (RET) at 33,000GWh by excluding controversial plans for two-yearly reviews.
Integrated PV module manufacturer SolarWorld said its Passivated Emitter Rear Cell (PERC) technology had proved a big hit in the US market and would reach 430MW of production capacity at its US-based plant in Hillsboro, US in the second quarter of 2015.
The US Department of Energy’s National Renewable Energy Laboratory (NREL) has agreed to a partnership with the China PV Investment and Finance Alliance (CPVFA) in order to reach the objective of opening wide-scale and varied sources of investment in PV asset development in China.
PV module encapsulant supplier STR Holding has resorted to accepting PV modules as payment worth approximately US$7.4 million for encapsulant material supplied to a Chinese PV module manufacturer.
Sharp Corporation reported its Solar Cells unit significantly increased sales and operating income in FY2014 due to strong domestic demand and its shift to downstream PV mega-solar project business.
The Indian Ministry of New and Renewable Energy (MNRE) has met to discuss revised plans to tender 10GW of solar capacity on a state-by-state basis over the next year.
The acquisition of PV module manufacturer REC Solar was said to have been completed by Norway-based Elkem Group, owned by Chinese investment firm China National Bluestar Group.
Major merchant solar cell producer Neo Solar Power (NSP) reported first quarter 2015 sales down around 37% from the same period a year ago as demand remained weak.
