The insolvent, Germany-based Inventux has been saved. More than half of the companys workforce will be retained.
Centrotherm photovoltaics AG has said it will postpone its AGM while it works on its self-administration and restructuring plan.
SolarWorld has confirmed to pv magazine that an anti-dumping complaint has been filed by a consortium of European manufacturers with the European Commission. More information is expected to be released by the Bonn-based company this afternoon.
REC looks to be in a good position following its new credit and issuance of new shares. Despite this, impairment charges related to the company’s fixed assets at its manufacturing facility in Singapore have significantly impacted its second quarter (Q2) financial results.
First Solar Inc., which will close its manufacturing operations down in Frankfurt (Oder), Germany, by the end of the year, has presented the 1,200 workers employed there, with a redundancy plan.
Germanys Sovello AG is urgently searching for a new investor, in order to save at least part of its workforce. Company management is said to be optimistic.
The share of solar generated energy significantly increased in the first six months of 2012 in Germany. Around 14.7 billion kWh of electricity were said to have been produced from 1.2 million photovoltaic systems.
Scheuten Solar has announced its photovoltaic module production in Germanys Gelsenkirchen will continue, following the takeover of the company by Aiko Solar Group. However, 160 jobs have been lost.
Germanys Schott Solar AG has announced it will close its crystalline photovoltaic operations in the Czech Republic down. The news follows the companys decision to exit the crystalline business.
Sharp has confirmed it will move its European solar business from Germanys Hamburg to the U.K.s Wrexham. By the end of the fiscal year, the next phase of the companys restructuring should be complete. Furthermore, it is looking to enter new business areas.
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