Markets & Finance

The Small-scale Renewable Energy Scheme (SRES), Australia’s rooftop PV incentive, has negligible impact on household power bills, according to analysis published ahead of a review of the country’s renewable energy target (RET).

The utility-scale energy storage market will exceed US$2.5 billion in revenue by the year 2023, according to forecasting by Navigant Research, the research arm of consultancy Navigant.

Major PV energy provider (PVEP), SunEdison, has submitted its first draft registration statement to establish a 'yieldco' financial vehicle.

Module manufacturer Hanwha SolarOne has raised US$21 million from a share issue.

Leading CIS thin-film PV module manufacturer, Solar Frontier reported its first annual profit in 2013, fuelled by the boom in the Japanese market.

In a continued effort to return its Energy and Environmental Solutions (EES) division to breakeven, despite two-years of downsizing and restructuring, Applied Materials said it had reduced EES spending per quarter to US$25 million.

Tier one PV manufacturer, Trina Solar, is acquiring a majority shareholding in Hubei Hongyuan PV Science and Technology, a solar cell producer in China.

Leading polysilicon and wafer manufacturer GCL-Poly is to become a majority shareholder in consumer electronics firm Same Time.

Insolvent German PV project developer, S.A.G. Solarstrom, has said it is seeking new investors as part of its restructuring plan will officially open insolvency proceedings on 1 March 2014.

Major PV energy provider (PVEP), SunPower Corp, has revealed it is prepping plans for its next-generation ‘Fab 5’ manufacturing facility that would be on a larger scale than existing facilities.