UPDATE: October 16. In August, an agreement was signed for the purchase and transfer of SolarWorld AG, SolarWorld Industries Sachsen GmbH, SolarWorld Innovations GmbH and SolarWorld Industries Thüringen GmbH by SolarWorld Industries GmbH. In Australia, we call it ‘phoenixing’ when a company files for insolvency and then gets bought out by a new company with an almost identical name. It is not clear what debts will be passed on to the new entity.
As for SolarWorld Americas, according to an article last month on PV-Tech, SolarWorld Americas “is in discussions” with several interested parties regarding its future sale.
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German solar panel manufacturer SolarWorld AG says it will file for insolvency proceedings – an uncertain future awaits the 3,300 people employed worldwide by the company.
Currently Raging Debates: