Markets & Finance

Restructuring and cost-cutting efforts at PV equipment and technology specialist, Amtech Systems helped limit fourth quarter financial year losses to US$1.7 million, a highlight in what has been another difficult year for the company.

A consortium headed by GE Energy Financial Services has completed an equity investment in the 143MW Catalina Solar PV power station in Rosamund, California.

Photon Energy Investments (PEI), a division of PV solutions and services company Photon Energy has launched a standardised financing model through its fully-owned subsidiary, Photon Energy Generation Australia (PEGA).

Major tier one PV manufacturer, Trina Solar, has accepted the resignation of its chief financial officer (CFO), Terry Wang, effective January 10, 2014 .

The market for concentrated photovoltaics (CPV) is entering a phase of “explosive growth”, according to market research firm IHS.

The liquidators of Suntech Power Holdings are to investigate the planned sale of the company’s main Chinese manufacturing unit to Shunfeng Photovoltaic International for possible legal breaches.

Utility companies should embrace solar energy rather than trying to block it, the European Photovoltaic Industry Association (EPIA) has said.

China Wind Power (CWP) has been awarded a CNY490 million (US$80 million) of 15-year long term project loans from the China Development Bank (CDB)

German PV project developer SAG Solarstrom has announced that its credit rating was withdrawn on Friday 6 December.

The European Investment Bank (EIB) has made its largest equity investment in clean energy this year, with a €50 million (US$68.5 million) investment into the second Glennmont Fund.