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Inventux saved by South American investors

The insolvent, Germany-based Inventux has been saved. More than half of the company’s workforce will be retained.

Centrotherm postpones AGM

Centrotherm photovoltaics AG has said it will postpone its AGM while it works on its self-administration and restructuring plan.

SolarWorld confirms EU dumping case

SolarWorld has confirmed to pv magazine that an anti-dumping complaint has been filed by a consortium of European manufacturers with the European Commission. More information is expected to be released by the Bonn-based company this afternoon.

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REC confident despite recording significant Q2 EBIT loss

REC looks to be in a good position following its new credit and issuance of new shares. Despite this, impairment charges related to the company’s fixed assets at its manufacturing facility in Singapore have significantly impacted its second quarter (Q2) financial results.

First Solar unveils German redundancy plan

First Solar Inc., which will close its manufacturing operations down in Frankfurt (Oder), Germany, by the end of the year, has presented the 1,200 workers employed there, with a redundancy plan.

Sovello in investor negotiations

Germany’s Sovello AG is urgently searching for a new investor, in order to save at least part of its workforce. Company management is said to be optimistic.

Germany: PV accounts for record amount of power

The share of solar generated energy significantly increased in the first six months of 2012 in Germany. Around 14.7 billion kWh of electricity were said to have been produced from 1.2 million photovoltaic systems.

Scheuten will continue production in Germany

Scheuten Solar has announced its photovoltaic module production in Germany’s Gelsenkirchen will continue, following the takeover of the company by Aiko Solar Group. However, 160 jobs have been lost.

Schott Solar to close Czech operations

Germany’s Schott Solar AG has announced it will close its crystalline photovoltaic operations in the Czech Republic down. The news follows the company’s decision to exit the crystalline business.

Sharp confirms relocation from Germany to UK

Sharp has confirmed it will move its European solar business from Germany’s Hamburg to the U.K.’s Wrexham. By the end of the fiscal year, the next phase of the company’s restructuring should be complete. Furthermore, it is looking to enter new business areas.

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