Solarworld claims that the business has been stabilized, and first customers have been supplied again. It was also announced that Chairman of the Supervisory Board, Georg Hansen, will resign in June.
After conducting a review of the results of Germany’s six auctions for large-scale PV, which have led to a very good price/performance ratio for solar power, the German solar association said there is no more reason to set growth limits for the development of PV.
Around 96% of the PV projects up to 10 MW selected in Germany’s first auction for large-scale solar has now been completed, according to the country’s grid regulator Bundesnetzagentur.
The German equipment provider has posted positive numbers for the first quarter of this year. The company also reports high interest for its new PV production machinery.
The U.S. subsidiary of the German manufacturer maintains full operations at its facility in Hillsboro, Oregon, although its parent company and its German units filed for insolvency last week.
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