The analysts’ latest Solar PV Demand Tracker forecasts solar PV installations to reach 40-42 GW in 2014, but warns of “major risks identified.”
The Chinese solar company follows in the footsteps of Jinko Solar and Canadian Solar in returning to profit towards the end of 2013.
The NYSE watchdog is delisting Suntech shares due to uncertainty over its its ability to complete a necessary SEC filing and its restructuring process.
The investment was announced on the same day the company also revealed details of an agreement with JX Nippon Oil & Energy Corporation to distribute its high efficiency PV modules in Japan.
As the Taiwanese polysilicon manufacturer attempts to raise funds and renegotiate a looming bonds deadline, it has announced another expected loss. The extent of the losses should be revealed at the end of November.
Chinese solar manufacturer Hanwha wants to expand its project development business in China and upgrade its manufacturing processes. Hanwha Group intends to start manufacturing polysilicon in future.
Four Ontario solar projects will be sold for an undisclosed sum to fund managers DIF. The sale marks another win for Canadian Solar’s downstream Solutions subsidiary.
NPD Solarbuzz says rising demand and falling wafer and poly production costs are good news all round. Tier 1 suppliers are continuing to drive down production costs.
CEO Kangping Chen says the company is devoting substantial resources towards growing core PV operations and rapidly expanding its downstream business after achieving net profitability for the entire year ahead of schedule.
IHS analyst Ash Sharma says the Japanese government’s reduction of its climate change commitments could affect the solar FIT in March. The generous regime will be reassessed in four months’ time, says Sharma.
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