Market & Trends

Solar crowdfunding pioneer Mosaic has introduced a solar loan product, for up to 20 years, for U.S. residential PV customers. Mosaic believes the product will meet growing demand not met by solar lease providers.

American CIGS manufacturer Stion Corporation has announced plans to ramp its production ahead of expected tariffs on Chinese solar modules imported into the U.S.

SunEdison and Hecate Energy will build 250 MW of large solar in Kern County plus 50 MW of local solar. Los Angeles is targeting a 25% renewables share by 2016 and 33% by 2020.

Researchers at the Sandia National Laboratories say the project will help increase the United States’ share of solar energy in the electricity market from its current share of less than .05% to at least 14% by 2030.

Monday’s online news concerned GCL-Poly’s controlling stake in Same Time Holdings. The move was cleared by the Hong Kong Stock Exchange and saw the resulting company rebranded.

Solar production line equipment maker Singulus has reported an $8 million fall in sales compared to the same, first-quarter, period of last year. The German manufacturer says a first order from China offers reasons to be cheerful.

There was no comment from India’s Ministry of Commerce today as a reported deadline for responses to its anti dumping finding passed. The Ministry has until Thursday to decide whether to call for anti dumping subsidies.

Consultation published on Tuesday by the government suggests removing the renewables obligation certificate (ROC) for plants over 5 MW by April 1, 2015.

Downstream developer China Merchants will take a 67.99% shareholding in the new company as poly maker GCL attempts to diversify its business.

The U.S. solar giant has called on the expertise of Australian metalworkers IXL Group in an example of the role the solar industry can play in areas hit by the decline of automotive manufacturing.