Hanergy Group has secured financing from several Chinese banks totalling around 20 billion yuan (US$3.3 billion), according to reports, as it looks to become a major PVEP (PV Energy Provider) employing a-Si and CIGS thin-film technology for downstream PV power plants.
In a new detailed report by Deutsche Bank’s US-based solar industry analysts, the PV industry is said to be heading into its “second gold rush” with a base demand of 46GW in 2014, topped by an expected 56GW of demand in 2015.
Strongly contested campaigns by some US-based utilities to change net-energy metering (NEM) policies for mainly residential PV owners are not expected to have a meaningful negative impact on the US PV market, according to the latest findings from market research firm IHS.
Crystal-growing equipment specialist, PVA TePla, has lowered its sales forecast for the year after experiencing a delay in a PV equipment order processing.
Having acquired amorphous silicon (a-Si) thin-film equipment supplier Oerlikon Solar for over US$280 million in 2012, Tokyo Electron (TEL) has made an impairment charge on the operations of around US$214 million, revaluing the operations at around US$71 million.