Japanese FIT cut nears
The rate paid to commercial generators is set to fall JPY4/kWh at the end of the month. A reduction in the rate of FIT payments had been widely predicted.
Yingli announces largest Middle East supply deal
The Chinese module manufacturer will supply 27.5 MW of its panels to an unnamed national infrastructure project in Israel. Yingli says Israel could install 340 MW of solar this year.
Sun setting on European solar
The latest EPIA figures paint a grim picture of the European solar market. But outside the volatile German and Italian markets, installations in Europe stabilized at 6 GW last year.
GCL-Poly signs 9.3 GW supply deals
The Chinese poly manufacturer will supply wafers and poly materials to Jinko Solar, GD Solar, Tongwei Solar and Hareon Solar over two years.
Trina announces sale of first large scale project
The 50 MW project in Wuwei, Gansu province, is proof of Trina’s downstream expertise, says CEO Jifan Gao. Trina oversaw every stage of the Wuwei project.
Indosolar seeks second round of debt restructuring
India’s largest solar cell manufacturer blames low cell prices for continued idling of one of its manufacturing plants.
Chaori Solar confirms historic default
The Shanghai manufacturer has reportedly confirmed its default on a $15 million interest payment to Chinese bondholders. The development comes despite the company’s presence on the Chinese government’s list of favored companies.
From zero to hero: UK PV market resurges at Ecobuild 2014
Solar farm investments and a rebound in rooftop residential demand have led to the U.K. becoming the most important solar PV market in Europe, according to exhibitors at this year’s Ecobuild show, London.
S.A.G. Solarstrom secures bridging loan
The German developer says the $2 million loan will tide it over until project sales and loan repayments bring in at least $14 million by the end of June. Solarstrom will also use the money to continue its search for a white knight investor.
Canadian Solar and Samsung open Ontario module fab
The factory, in London, started operations in November and will supply modules for Samsung’s 300 MW Ontario solar pipeline. Samsung says it will create 9,000 renewables jobs in Ontario under the Green Energy Investment Agreement signed with the provincial government.
