Three of Cayman Islands-registered LDK Solar’s US-based subsidiaries are to file for Chapter 11 bankruptcy, supporting attempts to restructure rather than fold the company.
The need for resilient electricity supplies is driving demand for micro-grids in the Asia-Pacific region to the “threshold of exponential growth”, according to a new report from Frost & Sullivan.
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.
US installer SolarCity has launched a new flat roof mounting solution for the commercial rooftop market that it claims could allow customers to fit 20% to 50% more panels on their roofs.
Global PV manufacturer, SunEdison and its yield co spin-off, TerraForm, have completed the connection of two solar power plants in the UK, totalling 50MW.
US energy producer Dominion has reached an agreement with renewable energy developer EDF Renewable Energy to obtain two PV projects – totaling 42MW – in California.
