Europe

A European Court of Justice (ECJ) ruling confirming countries have no obligation to underwrite one another’s renewable energy clears the way for Germany’s energy reforms, the country's vice chancellor Sigmar Gabriel has claimed.

According to the latest report from solar market analyst, NPD Solarbuzz the UK has installed 1.47GW so far in 2014.

Major PV equipment supplier, Meyer Burger has officially confirmed the recent deal, exclusively revealed by PV Tech to supply plastic mouldings engineering firm, Hanplast with a complete turnkey ‘SmartWire’ module assembly line. Financial details were not disclosed.

PV energy provider Canadian Solar has agreed a 12.6MW module deal with a consortium of Turkish companies.

Germany-based PV module manufacturer and project developer, Solarwatt has acquired two operation centres of bankrupt PV project developer CentroSolar to further boost its European expansion plans. Financial details were not disclosed.

The EU and Germany are at loggerheads over the latter’s proposed changes to its 'energiewende' (EEG) reforms.

Struggling power electronics and PV inverter manufacturer, 3W Power/AEG Power Solutions, has won approval from shareholders and bondholders to convert its €100 million bond by issuing a new €50 million bond and a debt for equity swap for the remaining €50 million.

Photon Publishing has said that preliminary insolvency proceedings launched against it have already been closed.

German solar industry trade association BSW-Solar is considering taking legal action over reforms to the German Renewable Energy Act (EEG), announced yesterday.

Photon Publishing, which produces the prominent solar industry periodical, Photon International, has entered insolvency proceedings in the court of Aachen, Germany.