South Korea-based polysilicon supplier OCI has cancelled all three of its long-term supply contracts with Suntech’s Chinese operations in response to subsidiary Suntech Wuxi entering bankruptcy proceedings.
The global market for energy storage in PV is forecast to grow to US$19 billion by 2017 from just $200 million last year, according to research by IHS.
RGS Energy, a division of Real Goods Solar, and Smart Energy Capital (SEC) are to jointly install 5.1MW of solar power in 18 schools in the Stockton Unified School District (SUSD) in California.
International Finance Corp (IFC), part of the World Bank, has approved the financing of several PV power projects in India over the following two years.
US manufacturer and developer First Solar has sold its 139MW Campo Verde solar project in California to Southern Company subsidiary Southern Power and Turner Renewable Energy.