Manufacturing

A new report examining renewable energy in the MENA region finds that “PV is experiencing rapid growth due to its tremendous potential and continuously decreasing technology costs,” with a current pipeline of 2.3 GW.

First Solar has gained major ground in thin film technology development following its deal with GE and also acquired a pipeline of solar projects in the U.S. and Mexico from Element Power despite a drop in second-quarter revenue.

A municipal council in Portugal has shut down a once ambitious solar project that would have seen production of 859 MW of annual solar panel production after the developer failed to complete the endeavor.

Saferay has secured ReneSola modules for its La Huayaca II project in Chile, a non-subsidized plant that is going up without power purchase agreement or feed-in-tariff support.

Anti-dumping tariffs and the recent agreement with China on minimum import prices have removed any possible injury to EU companies, making anti-subsidy duties unnecessary, according to the EC.

Shares in the Chinese module manufacturer soared as a $280 million sale of five solar projects in Ontario was cited as proof of the successful focus on downstream operations.

Donauer won the Namibia Breweries bid thanks to its D:Hybrid system concept. Photovoltaic manufacturer CNPV will supply the project with its CNPV-250P polycrystalline modules.

The Swiss solar production equipment company has signed two big contracts with Asian clients and says there are signs of hope for the industry despite reporting its latest multi-million losses.

Chinese solar giant JA Solar has secured $90 million credit line from the Bank of Communications of China. The state-backed loan, aimed at encouraging solar, was offered two days ahead of the EU anti-subsidy decision.

Goldpoly subsidiary China Solar Power Group has acquired a further 300 MW of solar projects as part of its 2 GW acquisition deal with developer Zhongli Talesun Solar.