Both PV microinverter and power optimiser demand are expected to continue to grow rapidly, according to the latest market research report from IHS Technology.
Having the two largest markets in the world, China and Japan helps, but according to market research firm NPD Solarbuzz the Asia-Pacific region that includes India, Australia and Thailand is expected to support PV market demand of around 17.2GW in the second half of 2014.
Taiwan-based solar cell producer, Solartech Energy is investing approximately US$16.2 million in Malaysia-based solar cell producer, TS Solartech Sdn Bhd, a subsidiary of Tek Seng Holdings Bhd.
Former CEO, Mike Miskovsky of PV module mounting systems designer, Zep Solar has joined another innovative company in the PV sector, robot controlled tracking systems firm, QBotix. SolarCity acquired Zep Solar for US$158 million all stock transaction in October, 2013.
A survey into Japan’s approved but unbuilt solar PV projects from the 2012 fiscal year has produced another set of definitive results, with 1.82GW of cancellations announced by the government this week.
The use of thin-film technology in Indian PV projects could be set for a rebound after having taken a beating over the past year, according to analysis from consultancy Bridge to India.
Bankrupt Suntech Power Holdings said in an SEC filing that its subsidiary, Power Solar System has been granted an injunction in Singapore’s High Court prohibiting the disposal of assets claimed to be worth US$197.5 million by Suntech Singapore.
