The projects are among the 254 MW that the Spanish company plans to implement in 2014 as part of the $360 million Quercus Renewable Energy Fund II, which is financing 21 PV projects across England.
The Nanjing-based company shipped a total of 235.8 MW in the fourth quarter, beating forecasts. CEO Stephen Cai attributes the company’s improved performance on its operational flexibility, cost control efforts and entry into new markets.
The Indian government’s heavy investment into the sector is paying off as total capacity for commissioned projects leaps by nearly 1.8 times.
Jiangsu Shunfeng will pay $483 million for Wuxi Suntech, which operates two production plants with annual production capacities of 1.6 GW for solar cells and 2.4 GW for solar modules.
The two countries are on the verge of a WTO dispute over Indian domestic content requirements. The US will reportedly make a decision once details of the next batch of the National Solar Mission are released.
Correction: The German solar manufacturer will remain listed on the Frankfurt Stock Exchange but its shares will no longer be traded by the electronic trading system Xetra.
The U.S. solar manufacturer will use the money to expand its solar leasing program. SunPower says it already has 20,000 American households signed up.
German industry giants DB Schenker and TUV Rheinland have joined forces to offer a new logistics for the transportation of modules. The system comes into existence after a year of extensive testing between China and Germany.
The political crisis in Ukraine is threatening to hollow out the country’s nascent PV industry as the world awaits the outcome of Russia’s annexation of Crimea.
The New England state’s solar capacity has soared due in large part to leasing programs that eliminate high upfront costs for homeowners.
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