During a visit to Beijing, the German Chancellor sought to find a political solution to the anti-dumping (AD) and countervailing duty (CVD) dispute involving Chinas photovoltaic manufacturers.
Q.Cells SE has announced that the South Korea-based Hanwha Group has won its bid to take the insolvent Germany company over.
Following the news that Spain-based Isofotón had also submitted a bid to take Germanys Q.Cells over, pv magazine has learned that if the offer is accepted, it will invest 300 million in Q.Cells businesses. Under 10% of the workforce would also be cut.
After months of speculation, the insolvent Q.Cells has confirmed the Hanwha Groups interest in taking it over. While the two parties have signed a contract, the acquisition must still be approved by Q.Cells creditors.
This September, Solarpraxis is organizing a workshop on Quality Assurance. Chief executive, Karl-Heinz Remmers talks to pv magazine about why this topic is still so important for the photovoltaics industry. Even in times of huge cost pressure, there are actions that all those involved can take.
New figures have revealed that new global photovoltaic installations surpassed 13 GW in the first six months of 2012. In 2H almost 18 GW is expected to be added. For the FY, Germany, China and the U.S. will be the leading markets, while Italy will fall into fourth place.
From the end of August, the insolvent Sovello will stop all production on its photovoltaic product assembly lines. Almost all of the employees will be terminated. Meanwhile, investor discussions are said to be difficult.
Four Chinese polysilicon producers have urged the Chinese government to initiate an anti-dumping and anti-subsidy investigation into European imports of solar grade polysilicon, according to reports.
pv magazine caught up with Tobias Hoefer, the expert for reorganization on the board of Centrotherm AG and responsible for insolvency protection proceedings, and with CTO, Peter Fath to discover the current state of affairs, following the companys chapter 11 insolvency protection filing in July.
According to media reports, Hanwha is interested in keeping Q.Cells photovoltaic production in Germany. However, it is still unclear whether a final offer has been made.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.