EU orders Germany to claw back state aid given to Sovello

The European Commission (EC) has ordered Germany to claw back €11m ($15.3m) in public funds given to solar start-up Sovello after an investigation showed Q-Cells, one of its parent firms, "artificially" downplayed its stake in the firm to make it eligible for state aid.

EU orders Germany to claw back state aid given to Sovello
Published 1 February 2010, 08:42Updated 25 November 2012, 11:21
Middle East & Africa