Europe

German investment firm Wattner has purchased ten solar power plants with a total capacity of 48MW.

Shareholders in the beleaguered German manufacturer SolarWorld have given the green light to a comprehensive restructuring of the company’s finances.

Microinverter market leader, Enphase Energy continues to gain traction in international markets, reporting second quarter 2013 sales up 28% sequentially.

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.

A 6MW test facility for renewable energy storage technologies has been approved in the UK.

The EU has announced that it has reached a deal with China to settle their long-running solar panel trade 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.