World’s leading makers of PV modules strengthened their position at the apex of the market last year, with Yingli Green Energy leading the way.
The Chinese solar company has partnered with local firm Tekno Ray Solar to develop 30 MW of PV projects throughout the country.
Two solar projects in San Bernadino, Lone Valley Solar Parks I and II, will receive the Chinese manufacturer’s high efficiency panels.
The CIGS production line supplier tripled its revenue last year, returning to the black after a difficult 2012.
News comes just one week after an offer to purchase the inverter business was lodged, and mere days after a German court opened insolvency proceedings.
Researchers at Bloomberg New Energy Finance expect global sales of polysilicon to top $6 billion this year, fuelled by demand from China and Japan.
The Chinese solar company has agreed to supply modules for two PV projects in Chile’s Atacama Desert region.
According to IG Metall (Industrial Union of Metalworkers), the majority of the remaining 150 Solon employees will lose their jobs.
Designed and built by First Solar, the Agua Calienta installation uses the company’s advanced thin-film modules. The plant will provide energy to customers of Pacific Gas & Electric.
Former Samsung exec Seong-woo Nam becomes the South Korean group’s new chairman and CEO.
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