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Finance

Trina Solar dismisses rumors of $14bn debt

Chinese solar module giant Trina Solar has dismissed an analyst’s prediction that a $14bn off-the-books debt mountain will force it into insolvency within six months.

Gold Poly pays $270m for rooftop company

Chinese cell manufacturer Gold Poly New Energy Holdings Ltd has acquired solar power plant developer China Merchants New Energy Holdings Ltd.

Spain: Renewable sector warns 80% of PV producers set to go

Representatives of Spain’s renewable energy sector asked official Brussels to help end “harassment” of the photovoltaic sector in Spain after the sector lost 30% of its revenue as a result of changes to FIT rules that were applied retroactively.

PV projects feature among Bloomberg New Energy Finance league leaders

Bloomberg New Energy Finance has released its annual league tables of the top movers and shakers in clean energy and photovoltaic projects figure prominently.

Chile: Pace of PV development quickens

A contract for the construction of a new 2 MW photovoltaic plant in northern Chile has been signed and a new 1.2 MW photovoltaic plant in central Chile has come online, all in the space of just five days, highlighting a heightened tempo of photovoltaic development in the country.

PV to grow in 2013 and stocks to bounce

While most photovoltaic manufacturers continue to record losses and some market outlooks remain bleak, new Deutsche Bank analysis has predicted that the solar market is set to grow by 22 percent to 33.4 GW in 2013.

Brokers take a shine to Chinese solar manufacturers

With news of the global polysilicon market full of doom and gloom for the past couple of years, the turn of 2013 has seen stock market investors starting to take a shine to Chinese solar firms.

Huge consolidation in upstream solar predicted for 2013

Market research consultant IHS iSuppli has offered a characteristically brutal prediction of the consolidation it expects in the global upstream solar market this year.

The 2012 solar year in review and what lies ahead in 2013

During 2012, many PV manufacturers endured a long, uphill battle, staggering under steep price cuts, excess inventory, shrinking margins and political headwinds; and all the while, jostling for position with other technologies. However, those that have demonstrated the stamina to survive, and that can hold their ground in 2013, have a chance at remaining in top demand for years to come.

US: Meaningful improvements in PV system pricing

GTM Research’s Andrew Krulewitz details the factors that contributed to price declines in each U.S. photovoltaic market segments in Q4 2012.

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