The European Investment Bank is to loan Enel Green Power €160 million (US$233 million) to help fund the company’s development programme in Italy through 2014.
Continued restructuring at Applied Materials as it struggles to resize its solar business has led to senior executives Mark Pinto and Tom Edman leaving the company as its EES and Display divisions are merged.
Solar material producer 3M’s tender offer to buy all issued and outstanding shares of ceramics firm Ceradyne common stock was completed on 27 November with a price of US$35 per share.
The regional governments of Extremadura and Galicia have filed a complaint against the Spanish government’s subsidies moratorium with the highest judicial body in Spain, the Constitutional Court.
Germany PV developer S.A.G. Solarstrom has sold four PV systems to an unnamed German institutional investor. The systems, which were installed in Germany this year, have a total capacity of 15.1MWp.
Ukraine’s parliament has approved the second draft Green Energy Bill, paving the way for a 27% reduction in solar feed-in tariffs in the country from 2013.
The Romanian National Energy Regulatory Authority (ANRE) has suggested the number of green certificates awarded to investments in PV and biomass should be cut.
