REC Solar has released preliminary financial results for the fourth quarter of 2013, indicating sales to be around US$182 million, compared to US$148 million in the third quarter of 2013.
Tokyo Electron (TEL) has announced plans to discontinue its ‘micromorph’ turnkey thin-film production line operations, which it acquired after buying Oerlikon Solar in 2012.
Major polysilicon producer, Wacker Chemie, said it would benefit from a one-time windfall of around €115 million in the first quarter of 2014 due to the restructuring of a supply contract with an undisclosed solar PV customer.
Locus Energy has introduced its next-generation of smart meters designed to allow solar installers and asset managers to more easily collect, monitor and analyse performance data from both residential and light commercial solar PV systems. The LGate 120 and 320 are the first cellular smart meters designed specifically to measure the performance of PV installations.
SunPower has secured a US$220 million loan from Bank of America Merrill Lynch (BofAMerrill) to support its next wave of residential solar lease projects in the US.
Power control and monitoring equipment specialist, skytron energy has received cETLus approval to the UL/CSA 60950-1 equipment safety standard rounds of UL certification for its skycontrol power plant controller.
Stocks in a large-number of PV companies were heavily sold-off last Friday on the same day erroneous market forecasts for PV demand in China and misinterpretation of recent Chinese Government agencies commitment targets for the sector in 2014 emerged.
The levelised cost of electricity (LCOE) from both solar PV and onshore wind in Germany are expected to decline below that of fossil fuels by 2030, according to a new study conducted by the Fraunhofer Institute for Solar Energy Systems ISE.
Hanergy Solar has said it will start construction of a planned 3GW CIGS thin-film manufacturing complex in Caofeidian, Hebei Province, China in March 2014 with tool install starting by the end of the year.
China’s Ministry of Commerce (MOFCOM) has officially responded to the latest investigation by the US International Trade Commission (ITC) into imported Chinese PV modules.
