Solarhybrid insolvency proceedings open

The Arnsberg district court announced on June 1 that insolvency proceedings have opened for Solarhybrid, reports German news agency, dpa. The district court has appointed Dortmund lawyer, Axel Kampmann, liquidator.

The company was forced to file for insolvency after the announcement in Germany of the planned solar subsidy cuts in late February, which proposed the removal of tariffs for plants over 10 megawatts in size.

Currently, the website of the large-scale photovoltaic project company is unavailable.

Translated by Becky Beetz.