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Finance

Chinese poly producers – demand driving production, not tariffs

Daqo and GCL-Poly deny they have raised production levels ahead of the expected imposition of duties on foreign polysilicon in China. Demand is driving our output, say both as EU-China trade talks reportedly near resolution.

Romania installs 175.5 MW of new PV in six months

Romania reaches 203.5 MW of installed PV capacity of which 175.5 MW has been electrified in the first half of 2013. Country’s PV pipeline amounts to 2.7 GW in coming years.

Conergy reportedly in talks with Asian investor

Germany’s Conergy AG is reportedly in negotiations with a potential investor from Asia who may be willing to invest up to €50 million for a 30% stake in the company if banks accept a new deal.

Construction starts at Macho Springs

New Mexico’s largest solar project is set to be completed by May 2014. First Solar scheme will sell energy to El Paso Electric under 20-year PPA.

Japan and China hold fate of PV in their hands

Consultant predicts more than 45% of the world’s demand for solar power will come from the twin Asian markets in the rest of 2013. A record 35.1 GW of demand is predicted for the full year figure.

June stock report: The EC and China try to cut a deal

Solar equities investors are trying to navigate turbulent waters as uncertainty clouds the way to long-term safety and security.

China Sunergy sees first-quarter revenue increase

China Sunergy saw revenue rise 13.4% in the first quarter of 2013 as it continued to expand operations in emerging markets. The company is aiming for a return to net profit in 2013.

SMA to start South African inverter production by Q1 2014

German company is expanding South African presence with manufacturing facility and will supply 125 of its Sunny Central inverters to two new PV schemes announced today.

Sunrun secures $630m for residential rooftops

JPMorgan subsidiary is among the investors as San Francisco based third party ownership company builds on recent expansion into 11th state. CEO claims company is installing $2m of systems daily.

Cyprus inaugurates 10 new PV parks

Cyprus electrifies 10 new solar PV parks totalling 1 MW. Installed PV capacity on the island has reached 25 MW with up to 100 MW more due in the next two years.

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