Latest markets & trends headlines
Chinese manufacturer Renesola has taken a $195 million hit on the closure of its out-of-date poly production line in Sichuan. The company will buy-in polysilicon to feed rising shipments.
Having undergone a restructuring process following a takeover by Chinese manufacturer STGCON, the Erfurt-based company will resume production next week.
Japanese demand for PV modules is exploding and the country is on track to become the second-largest solar market in the world behind China. Looming FIT cuts are unlikely to curb demand in the next two years, says EnergyTrend.
The installation is comprised of two solar plants that will supply 13,000 local households with clean renewable energy.
Strengthening its financial position with an injection of capital, Germany-based Hanwha Q CELLS will expand production capacity and push its global business with power plant solutions and services.
A group of right-wing lawmakers is looking to curb states' efforts to expand solar PV and thwart the Obama administration's clean energy and climate protection efforts.
The revised surcharge on renewable electricity will increase from 1% to 1.6% from January 1st, 2014.