The German inverter manufacturer opens bankruptcy proceedings, citing poor market conditions.
Research from GlobalData predicts steady growth for the APAC PV module market of around 7.9% over the coming 12 months.
The Shanghai-based solar cell maker has said it may not meet a $14.6 million interest payment in what would be the first onshore default for China’s PV industry.
Module shipments were down as business in Germany suffered, but increases in U.S., Japan and South Africa lift gloom.
The U.S. solar industry fears plans to end the ITC could decimate the industry. Rhone Resch has called upon president Obama to rethink his solar tax credit plans.
GTM Research and the SEIA predict a further 6 GW of installations in 2014. But GlobalData sounds warning note over importance of support mechanisms as Obama prepares to withdraw ITC.
Positive figures reveal refocus onto downstream business slipped back for Chinese solar company. But Canadian Solar releases a positive outlook for 2014, including for its ‘total solutions’ business.
Proceeds from the sale of the 10.1 MW solar park will be used to repay the bridging loan from Deutsche Bank.
The corporation will develop its new 1 GW solar park on a 5,000 acre site in the Indian state of Andhra Pradesh.
Some of the largest solar companies in the U.S. post positive perfomances on the markets as 2014 cranks into gear.
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