Renesola writes off old poly factory line
Chinese manufacturer Renesola has taken a $195 million hit on the closure of its out-of-date poly production line in Sichuan.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.
China Sunergy says credit conditions easing
Chinese module manufacturer Sunergy blamed a temporary credit squeeze for third-quarter falls. The company is predicting better times ahead and claims the credit situation has already eased.
Operations and maintenance PV market to treble in four years
A new report examines the O&M market worldwide to 2017. The world’s three biggest O&M providers are American despite the U.S. trailing in terms of installed capacity.
New Delhi power regulators invite feedback on net metering proposals
The Delhi Electricity Regulatory Commission (DERC) will soon introduce the city’s first net metering scheme, and has called on stakeholders for suggestions and feedback.
S.A.G. Solarstrom may have to quit solar
The German solar developer S.A.G. Solarstrom says escalating project development costs may render its business model unviable. The news comes after the company announced a major deal for British projects has fallen through.
New York devotes $30 million to large scale solar funding
Governor Andrew Cuomo has released a $30 million fund for projects up to 200 kW in size. The NYSERDA cash can pay up to half the costs of solar projects.
Ontario predicts future energy mix
The Canadian province says renewables including hydro will provide 46% of its energy needs by 2025. The prediction came as part of Ontario’s updated Long Term Energy Plan, unveiled this week.
Malaysia increases surcharge to fund FIT program
The revised surcharge on renewable electricity will increase from 1% to 1.6% from January 1st, 2014.
Hanwha Q CELLS increases capital by $188.5 million
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.
asola to resume module production in Germany
Having undergone a restructuring process following a takeover by Chinese manufacturer STGCON, the Erfurt-based company will resume production next week.
