Funding reflects solar advance into mainstream
Market research company Mercom Capital says public fundraising rose while VC funding declined in 2013. Large-scale projects flourished worldwide with 9GW added in the final quarter of last year.
Shunfeng PV secures $162 million credit line
Purchaser of Wuxi Suntech finances construction of six projects in China. The projects will add up to 130 MW of capacity in Xinjiang Uygur province.
CEO of rump Suntech business resigns
Weiping Zhou has stepped down as interim CEO, CFO, director and president of Suntech Power Holdings. A brief statement to the SEC said the move with immediate effect was for ‘personal reasons.’
Commercial electric vehicles hit landmark
The first two vehicles leased by Slovakian company GreenWay have travelled further in six months than any other, the company claims. The distance travelled makes them cheaper to run than conventional vans, says Greenway.
More grim news for aleo solar
The former Bosch subsidiary is expecting a $95 million loss for 2013. Revenues at the module manufacturing business fell 55.5% on 2012.
Jinko acquires Topoint production lines
Jinko Solar will expand its production capacity with the addition of the bankrupt Topoint group’s production lines. Jinko will start operations, under lease, on Monday.
Polysilicon stabilization will be short-lived
Researcher says the new poilysilicon production capacity expected this year will see a return to oversupply conditions. Polysilicon will fall back to $16/kg by the end of the year, according to new report.
Mosaic wins Verizon award, set to expand internationally
The Oakland, California-based online solar project marketplace will use the $1 million grant for its international expansion and the development of a key mobile app.
Polysilicon market on roller-coaster ride
A new report by Bernreuter Research predicts the spot price for polysilicon will rise due to PV industry demand before dropping at the end of the year.
China's PV company 'cull list' to have minimal global impact
“The recently published Chinese company ‘cull list’ will only have a minimal effect on global photovoltaic markets,” says Jessica Jin, solar analyst at IHS.
