US-based polysilicon producer REC Silicon said in a trading update ahead of releasing fourth quarter results at the end of the week that it would shutdown its Silane IV production unit and remaining FBR production at its Moses Lake plant.
Specialist PV manufacturing equipment supplier Amtech Systems reported strong order intake in the fourth quarter of 2015 with new order flow continuing into January, 2016 as China-based PV manufacturers expand production at facilities in South East Asia.
The organisation responsible for overseeing California’s bulk electric power system has approved proposals to accommodate more distributed energy resources, including rooftop solar, energy storage, advanced inverters and demand response, onto the state’s grid.
Solar power company Canadian Solar announced that its subsidiary — Canadian Solar Solutions — has agreed to contracts that would supply 60 MW DC of MaxPower CS6X Ontario-made solar panels and 30 medium voltage PV stations for the Southgate Solar facility.
High-technology equipment manufacturer Intevac said it was tracking around 5GW of high efficiency n-type monocrystalline solar cell capacity expansions that are expected through 2020, providing a market opportunity for its ‘MATRIX’ platform of around US$175 million.
SolarEdge has again reported record quarterly revenues, bringing in US$125 million in the fiscal second quarter and guiding third quarter revenues to a similar level.
The recent extension to the US investment tax credit (ITC) could enable First Solar to shift emphasis and therefore revenue generation to selling its CdTe thin-film modules to third parties rather than directly to PV power plant projects, according to a research note from Deutsche Bank analyst, Vishal Shah.
An amendment to the US Senate Energy Bill aimed at protecting residential net metering, proposed by two senators, including one in Nevada, has been backed by solar industry groups.
The December climate deal in Paris is set to trigger a surge in the global green bond market, with issuances expected to surpass US$50 billion this year, rating agency Moody’s has said.
