The state’s utility regulators are discussing a proposal from Arizona Public Service to amend net metering rates for solar customers, stating the current scheme puts non-solar providers at a disadvantage.
The solar manufacturer shipped 478 MW in Q3, generating $490.9 million in net revenue: an increase of 41.1% on Q2.
As market conditions begin to improve, the analysts have raised their forecast for PV capital spending, predicting a 42% increase in 2014.
The German solar giants have expressed an interest in acquiring Bosch’s solar panel plant in Arnstadt, Germany. An official announcement is expected this week.
Suntech says it is seeking protection and time to complete negotiations and wrap up its restructuring efforts after agreeing to sell its main assets to Jiangsu Shunfeng.
The U.S. solar equity markets enjoyed an upswing in October, driven by a substantial number of utility scale projects in the pipeline and advances in technology.
Solar manufacturer Jiangsu Shunfeng has announced details of its planned acquisition of Wuxi Suntech. If successful, the move would consolidate Cheng Kin Ming’s position in Chinese solar.
The EU’s Joint Research Center says three metals used in the solar industry are at risk of shortages. China’s stranglehold of raw materials could mean problems ahead for Europe.
The troubled solar company has until November 6 to respond to the petition filed against it calling for involuntary bankruptcy.
The troubled German company says Yingli owes it more than $30 million in liabilities, adding that the Chinese group’s outstanding debt was a major factor behind its insolvency. Yingli denies the claims.
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