The €50.8 million (US$67.5 million) funding budget for small scale PV systems has had more than 90,000 applications for the 15% rebate on PV equipment purchased from 2012 to 2013.
US installer Real Goods Solar (RGS) has reported a small drop in revenue for Q2 2013 compared to the same period last year despite an increase in deployments.
As expected, Sunways said that preliminary insolvency proceedings against the assets of the company by its banks have been stopped and the local court in Konstanz has closed the case.
The strategy to diversify its business away from dependence on sectors such as solar is proving to be a significant success for equipment supplier, Manz AG.
Although the downstream market shift from East to West is resulting in higher growth rates for PV engineering, procurement and construction (EPC) firms in Asia, leading PV energy provider (PVEP), First Solar continues to top the EPC rankings with more single projects primarily in the US, compared to its rivals, according to IHS.
Renewable Energy Corporation (REC) has announced a new US$110 million convertible bond offer and a partial repurchase offer of existing bonds as it looks to appease investors.
According to NPD Solarbuzz, second quarter 2013 PV module shipments for the top 20 suppliers exceeded 5.8GW. The rise was led by Yingli Green Energy which saw shipments estimated to exceed 800MW and over 1GW for the first-half of the year, a new record for any PV module manufacturer.
