SolarCity chief executive officer Lyndon Rive has described 2013 as “an amazing year” for the company in a conference call to discuss fourth quarter operating metrics and preliminary financial results.
The West African island nation of Cape Verde will receive €55 million (US$75.5 million) of financing between 2014 and 2020 from the European Commission, to assist the development of renewable energy.
Market research firm, IHS, has reiterated its forecast that PV capital spending would increase by 42% from the lows of 2013 and reach US$3.37 billion in 2014.
Following its exit from PV module manufacturing in 2012, industrial technology firm SCHOTT is seeking a partner to take a majority shareholding in its Concentrated Solar Power (CPS) division.
On a three day visit to China, Pakistan president Manmoon Hussain and minister for Punjab, Shahbaz Sharif met with financial and development companies and banks in Beijing, and signed MoUs for continued investment in solar projects in Pakistan.
Companies responsible for 748 Japanese solar power projects that have gained approval to receive the feed-in tariff (FiT) but have not yet been built have been handed a temporary reprieve.
Beleaguered PV manufacturer, SolarWorld, has provided an insight into its recovery plan after the financial restructuring of the company is complete, expected by the end of February 2014.