Irish renewables developer Mainstream Renewable Power has signed an equity investment deal worth €100 million (US$133 million) with Japan’s Marubeni Corporation trading company.
The EU and China have announced more details of the deal to end their long-running solar trade dispute setting a minimum import price linked to industry price reports.
The European Commission has endorsed the deal agreed between its negotiators and the Chinese solar industry last week and will publish the terms of the price-undertaking on Saturday.
The European Commission (EC) has been accused of using biased information from Europressedienst, the German-based market and media consultancy that provided statistics for the EU/China dumping dispute.
Switzerland-based Sputnik Engineering, well known under its PV inverter brand, SolarMax, is following SMA Solar in restructuring its operations as markets shift away from Europe and the PV industry becomes increasingly global.
French battery manufacturer Saft has begun high-volume production of its lithium-ion battery to tap into expected growth in Germany’s domestic PV storage market.
The solar energy industry in Spain faces a spate of bankruptcies and job losses following the latest cut to support by the government, a coalition of trade associations in Spain has claimed.
