Adroitly alternating the threat of a trade war with the lure of its huge import market, China appears to have driven a deep wedge between Germany and the rest of the EU. And it may even have caused a rift within the Germany business world.
The New York Times
Centrotherm has sold subsidiary GP Solar to German software company Isra Vision AG. Meanwhile, the company's insolvency proceedings at the Ulm District Court are expected to be completed by the end of this month.
Germany reportedly added 290MW of new solar capacity in March, according to the Federal Environment Minister.
Germany's solar industry is set to benefit from the financial crisis in Cyprus as investors seek a haven in the guaranteed returns provided by clean-energy plants.
"There will be no cuts in the EEG for existing installations," were the words of German Chancellor Angela Merkel (CDU) as she started to lead the discussion over electricity prices.
In an announcement on Tuesday, March 5, the stock exchange said that SolarWorld AG would be removed from the TecDAX on March 18.
As part of its reorganization process, Centrotherm has sold centrotherm SiTec GmbH's subsidiary, Michael Glatt Maschinenbau GmbH to Germany's Büechl Handels- und Beteiligungs-KG.
Chinese government officials have used economic cooperation talks, between Germany and China, to raise the topic that a bilateral solution could be reached between the two countries to avoid a potential photovoltaic trade war.
German Chancellor Angela Merkel has come out against the prospect of EU action against China over alleged dumping of solar products, calling for the dispute to be solved by talks rather than trade tariffs.
German Chancellor Angela Merkel seeks talks involving the European Commission and Chinese authorities to prevent the opening of anti-dumping proceedings against Chinese solar-panel makers in Europe.
Another German solar module maker, Sovello, has fallen victim to fierce global competition. Insolvency adminstrators say the firm based in eastern Germany's "solar valley" will stop production within the next two weeks.
Wall Street Journal
Module manufacturer, aleo solar said it experienced weaker demand and continued price erosion in the first-half of the year due to changes in the German FIT and continued price erosion.
The latest installation figures from the German Federal Network Agency show that the country's mid-year subsidy change for rooftop installations has caused a surge in solar demand for the first half of 2012, with more than 4.3GW installed in a period of just six months.
Germany's environment ministry said on Friday it would back solar firms' efforts to bring anti-dumping proceedings against China amid a bitter price war in the industry that has left many German panel producers fighting for survival.
German Chancellor Angela Merkel's government won agreement on cuts to solar-power subsidies and plans to store greenhouse gases underground, breaking a deadlock that threatened to hold up the country's energy transition.
May was a record month for solar energy production in Germany, with 4 billion kilowatt hours of electricity generated by the country's solar panels.
One of the world's biggest green-energy public-policy experiments is coming to a bitter end in Germany, with important lessons for policymakers elsewhere.
LDK Solar Co. (LDK)'s plan to buy Germany's Sunways AG (SWW) provides China's second-largest solar-panel maker with access to new technology and a distribution network in the world's biggest photovoltaic market.
The Italian network agency, GSE, reports that photovoltaic installations in Italy have reached over 10 gigawatts (GW). Already this year, says the agency, 6.5 GW have been installed.
Wracked by debt but blessed with abundant sunshine, Greece plans to develop some 20,000 hectares of solar power parks in a bid to export renewable energy to Germany, a report said on Saturday.