Markets & Finance

The IPCC has said solar has the largest technical feasibility in mitigating harmful climate change from electricity production “by a large magnitude”.

Taiwan-based solar cell producer, E-Ton Solar Tech Co reported sales of over NT$423 million (US$14 million approx) for the month of March.

Shunfeng Photovoltaic International is planning to issue convertible bonds totalling US$296.6 million to support its PV project business plans.

Taiwan-based solar cell and module manufacturer Gintech Energy reported a significant jump in revenue for the month of March 2014.

Croatia has an installed solar capacity of 23.8MW as of the end of March according to the Mediterranean country’s energy market operator, HROTE.

Major tier-1 PV manufacturer, Trina Solar has significantly reduced module shipment guidance for the first quarter of 2014, due to weakness in orders from the EU because of a pending price adjustment being ratified by EU and Chinese authorities as part of an anti-dumping agreement.

German-based PV module manufacturer, aleo solar expects first quarter 2014 revenue to be around €11.6 million, a 62.7% fall from the same quarter of 2013.

Renewable energy projects in Poland will be awarded by an auction system, instead of through registration for feed-in tariffs and green certificates, if a draft law is approved at the highest level.

Leading PV Manufacturer, Yingli Green has said that delays in obtaining construction approvals for PV projects planned in Algeria were behind the need to lower first quarter 2014 module shipment guidance.

Market research firm IHS has disclosed the top 10 PV inverter suppliers for 2013, which highlights the continuing market share gains by Asian-based suppliers at the expense of European rivals.