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.
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.
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.
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.
Retroactive changes to Italy’s feed-in tariff (FiT) are “illegitimate” and could face similar legal challenges to those seen in Spain, according to a major PV investor.