Sol Futura has closed out a deal that will see the company sell off its entire 80% interest in thermal solutions provider centrotherm to Solarpark Blautal.
Trina Solar has elaborated on its decision to withdraw from the EU-China price undertaking stating that the restrictions within the agreement limited its sales, marketing and manufacturing.
Solar industry figures have hailed Saturday’s historic climate agreement in Paris and urged swift action by world leaders to map out how countries will now meet the aims of the deal.
The majority owner of equipment specialist centrotherm has agreed to dispose of its stake, clearing the way for the company to restructure its financing.
Trina Solar has withdrawn from the EU-China price undertaking saying that it is no longer a fair agreement. It will instead serve the EU from facilities outside of China.
Another round of tenders to build ground mount PV power plants in Germany has been oversubscribed, with some 562MW of hopefuls entering the bidding for just 200MW of capacity.
