Panasonic reported that it’s Eco Solutions segment that includes its PV module operations increased sales to around US$4.6 billion in the FY2014 third quarter, up around 10% from the same period a year ago.
US installer REC Solar has announced that it is set to focus its future efforts solely on the commercial PV market, offloading its residential segment to solar developer and financier Sunrun.
Robert Bosch subsidiary, PV module manufacturer aleo solar is to be acquired by Taiwan-based solar cell producer, Sunrise Global Solar Energy and Japanese manufacturing machinery producer, CHOSHU Industry.
SolarWorld said in a statement that it had reached an agreement with a long-term “raw material” supplier to restructure supply contracts that would result in impairment charges in the “double-digit million Euro amount.”
Equipment suppliers serving the PV manufacturing sector are expected to see a new cycle of capital expenditure begin early next year that could reach US$10 billion by 2017, according to NPD Solarbuzz.
The decision to penalise US polysilicon producers with heavy import duties by the Chinese Ministry of Commerce (MOFCOM) as part of the ongoing trade war has led to both Wacker and OCI grabbing further polysilicon market share in the country.
