From zero to hero: UK PV market resurges at Ecobuild 2014
Solar farm investments and a rebound in rooftop residential demand have led to the U.K. becoming the most important solar PV market in Europe, according to exhibitors at this year’s Ecobuild show, London.
S.A.G. Solarstrom secures bridging loan
The German developer says the $2 million loan will tide it over until project sales and loan repayments bring in at least $14 million by the end of June. Solarstrom will also use the money to continue its search for a white knight investor.
Canadian Solar and Samsung open Ontario module fab
The factory, in London, started operations in November and will supply modules for Samsung’s 300 MW Ontario solar pipeline. Samsung says it will create 9,000 renewables jobs in Ontario under the Green Energy Investment Agreement signed with the provincial government.
Platinum files for insolvency
The German inverter manufacturer opens bankruptcy proceedings, citing poor market conditions.
Modest solar growth forecast for Asia-Pacific region by 2015
Research from GlobalData predicts steady growth for the APAC PV module market of around 7.9% over the coming 12 months.
Chaori Solar debt warning raises prospect of first onshore China default
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.
SolarWorld AG revenues fall 25% in 2013
Module shipments were down as business in Germany suffered, but increases in U.S., Japan and South Africa lift gloom.
SEIA calls for investment tax credit rethink
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.
US posts record year for solar in 2013
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.
Canadian Solar back into profit
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.
