Europe

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.

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.

The PV materials manufacturer DuPont has completed a 4.5MW array at its Cernay facility in France.

US thin-film manufacturer First Solar and German EPC firm Belectric have connected 34.5MW of solar farms in the UK.

A report by environmental activist group, Greenpeace, on the upgrades required for nuclear power plants in France, reveals renewable energy will be more financially competitive by 2020.