HTF’s thin-film technologies remain “unproven” and the company has yet to reveal a portfolio of completed solar projects that would justify its current status as the world’s biggest PV company by market capitalisation, according to Bloomberg New Energy Finance (BNEF).

The BNEF report comes on the heels of HTF’s claim early last week that its 2014 net profit could spike as much as 55% from the preceding year, due to sharply higher revenue from its downstream business and a “substantial gain” stemming from the sale of five undisclosed PV projects.

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