Markets & Finance

Indian PV manufacturer Indosolar has asked to have its debt restructured because it says low equipment prices mean it is unable to make a profit.

Flexible CIGS thin-film firm, Ascent Solar surpassed US$1 million in annual revenue for the second time since it started operations in 2005.

Chinese PV manufacturer Chaori Solar has become China’s first firm to default on a domestic bond after missing an interest repayment.

The UK Department of Energy and Climate Change (DECC) has said it will not review the country’s Renewable Obligation Certificate (ROC) bandings again before the scheme’s expiration in 2017.

The pipeline of approved PV projects in the Philippines reached over 1GW in January, according to the country’s Department of Energy (DoE).

Global solar installations in 2013 hit 37GW, according to the latest data from the European Photovoltaic Industry Association (EPIA).

SolarWorld has reported preliminary 2013 financial results, highlighting its continued bankability issues in key historical markets such as Germany during its lengthy financial restructuring phase.

A survey conducted by the European Commission has found that 90% of citizens think it’s important for their government to aim for a greater share of renewable energy by 2030.

Solar crowdfunding service Mosaic is to offer loans to homeowners in California for PV systems.

Kenya’s solar feed-in tariff is insufficient for projects to be viable and should be entirely reviewed, according to the head of a company looking to develop large-scale PV plants in the country.