Major polysilicon producer, Wacker Chemie, said it would benefit from a one-time windfall of around €115 million in the first quarter of 2014 due to the restructuring of a supply contract with an undisclosed solar PV customer.
Ontario’s energy regulator received almost 500MW of project proposals, including 463MW of photovoltaics (PV), in the five-and-a-half week period that the feed-in tariff (FiT) window was last open.
SunPower has secured a US$220 million loan from Bank of America Merrill Lynch (BofAMerrill) to support its next wave of residential solar lease projects in the US.
Stocks in a large-number of PV companies were heavily sold-off last Friday on the same day erroneous market forecasts for PV demand in China and misinterpretation of recent Chinese Government agencies commitment targets for the sector in 2014 emerged.
The levelised cost of electricity (LCOE) from both solar PV and onshore wind in Germany are expected to decline below that of fossil fuels by 2030, according to a new study conducted by the Fraunhofer Institute for Solar Energy Systems ISE.
Solar was the star performer of the US renewable energy generators in 2013, adding 2,963MW of new capacity over the year, according to new figures from the country’s Federal Energy Regulatory Committee (FERC).
Investment groups Equis Funds and Partners Group have raised ¥26.1 billion (US$250 million) of equity to fund utility-scale solar power stations for developer Nippon Renewable Energy through a joint investment platform, Japan Solar.
Wildly varying reports of Kenya’s plans for deploying solar energy have been dismissed by power industry and policy figures in the East African country.
