The solar module producer’s evolution to international markets has prompted the company to relocate its headquarters to the emerging Middle East.
Decreases in revenue, margin and shipments between Q3 and Q4 fail to deflate a strong 12 months for the solar giant.
The Chinese solar company estimates that shipments increased by approximately 13% in the fourth quarter of last compared to Q3.
The portfolio will comprise four new PV plants commissioned by British clean energy company Lightsource Renewable Energy.
The state of Jammu and Kashmir pen MoU with the Ministry of New and Renewable Energy (MNRE), Government of India.
Local company will team with U.K. consortium to develop the PV plant, with work due to commence in September.
Having missed bond repayments last year, the solar wafer company will pursue liquidation proceedings on all offshore debt.
Some of the largest solar companies in the U.S. post positive perfomances on the markets as 2014 cranks into gear.
The solar company shipped 1.9 GW of solar products last year, enjoying a strong final quarter that generated a gross margin of 24.7%.
The corporation will develop its new 1 GW solar park on a 5,000 acre site in the Indian state of Andhra Pradesh.
Proceeds from the sale of the 10.1 MW solar park will be used to repay the bridging loan from Deutsche Bank.
The final day of the show saw busy traffic in the exhibition halls as organizers reveal improved numbers on last year.
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