Market conditions in the PV industry continued to impact PV inverter leader, SMA Solar Technology in 2013, with the company registering a loss of €89.1 million for the full year.
Komax Group has taken its first step away from the solar industry, selling its 51% stake in joint venture (JV) company Komax Jinchen to its Chinese JV partner, Yingkou Jinchen.
US solar provider RGS Energy (Real Goods Solar), which operates in the residential, commercial and utility sectors, has reported full-year results for 2013, in which the company saw revenues rise year on year by 9%.
Chinese PV module manufacturer CSUN has been awarded the title of tier one module supplier by the Bloomberg New Energy Finance (BNEF) PV Module Maker Tiering System.
Led by BofA Merrill Lynch, SolarCity has secured US$250 million in a new financing facility to support the roll-out of more than 200MW of PV system installations in the US.
Duke Energy Renewables has granted turnkey engineering, procurement and construction (EPC) services to Swinerton Renewable Energy for its Pumpjack and Wildwood PV projects located in Bakersfield, California.
Although the shutdown of its Sichuan Phase I polysilicon production line impacted profitability in 2013, tier one PV manufacturer, ReneSola reported a 142.5% year-on-year increase in PV module shipments, reaching 1,728.8MW with plans to reach 2.5GW in 2014.
