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Finance

ReneSola expands solar presence in Japan and UK

The Chinese company has provided 13 MW of modules to a U.K. solar park and announced it is to begin producing solar panels in Japan.

Japanese FIT set to fall

A solar analyst predicts the world’s most generous FIT will be cut by 14% from April. A committee of experts has revised down its estimate of operation and maintenance costs for solar.

Delay in details of Shunfeng-Suntech acquisition

Shunfeng has delayed the release of details of the acquisition days after Suntech’s liquidators said they would be closely examining the terms. The liquidators recently stepped up debt recovery efforts.

Juwi to develop 10 MW Texan project

German developer juwi has signed a 30-year PPA for a 10 MW solar project with utility El Paso Electric Company. The project is set to be generating in December.

Solar renaissance is under way, says IHS

Production capacity investments by Canadian Solar and SunPower will be the first of many, predicts IHS. The market research company is also predicting microinverters will start to gain traction this year.

SunEdison fourth-quarter net loss deepens

Lower sales in the company’s solar division and falling semiconductor material prices, coupled with high charges related to a facility closure, contributed to its profit plunge.

SolarWorld offers rosy medium-term view … maybe

The German company expects improved sales and shipments in the next two years, with a possible pre-tax profit in 2015, but the forecast remains conditional and subject to change.

Solar Frontier soars to profitability

The Japanese thin-film module manufacturer helped its corporate unit reach profitability for the first time ever ast year due to increased business in the growing domestic market.

ITC announces dates for duties decisions

The preliminary AD verdict is expected on March 26 and a CVD decision on June 9. The commission arrived at a unanimous verdict that Chinese goods are unfairly harming U.S. manufacturers.

SolarWorld trumpets ITC decision

The US subsidiary of German manufacturer SolarWorld welcomed the ITC verdict 20 minutes after it was announced. SolarWorld America claims Chinese producers enjoy no unsubsidised cost advantage over US rivals.

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