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.
German development bank KfW has signed off a €100 million loan to Morocco’s solar energy agency MASEN to build a CSP plant in the south-central area of the country.
Shipments of both polysilicon and solar wafers at GCL-Poly, China’s largest producer, fell significantly in the third quarter of 201 underlining the overall weakness in demand from major tier 1 module manufacturing customers based in China.
Microinverter developer Enphase Energy has hired several new executives to support the company's global growth and focus on the design, manufacture and support of its products.