EU Closes China Solar Probe as Firms Withdraw Romania Bids

(Bloomberg) — The European Union said Monday that it will close investigations 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 company — 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.