EU Closes China Solar Probe as Firms Withdraw Romania Bids
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The European Union said Monday that it will close probes into bids by Chinese firms for a Romanian solar park because the companies are pulling out of the tender.
The potential bidders — including a German unit of LONGi Green Energy Technology Co Ltd., the world’s second-most valuable solar firm — all signaled late that they will withdraw, according to a statement from EU industry commissioner Thierry Breton. The others are Shanghai Electric UK Co. Ltd. and Shanghai Electric Hong Kong International Engineering Co. Ltd.