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.
Ontario’s energy regulator received almost 500MW of project proposals, including 463MW of photovoltaics (PV), in the five-and-a-half week period that the feed-in tariff (FiT) window was last open.
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.