Report: Trump likely to impose solar tariffs if USITC recommends them
According to Axios, officials close to the president put the likelihood of him imposing a remedy at 90%.
Appeals court upholds SolarWorld’s $800 million debt to Hemlock
The ruling comes as the German solar manufacturer is restarting following an insolvency process, and Hemlock may have a hard time collecting.
SolarWorld resumes activities with 700 MW and 515 employees
The German manufacturer will focus on the production of PERC solar cells and bifacial glass-glass modules in the future.
SolarWorld creditors agree sale to CEO Asbeck
The takeover of the SolarWorld production sites at Freiberg and Arnstadt in Germany has today been approve by the creditors. Announcement means 500 staff can continue in their production roles.
Solarworld’s insolvency administrator reaches agreement with investor
Solarworld Industries GmbH, for which the former CEO Frank Asbeck has been registered as managing director, wants to continue most of the cell and module production at its German facilities. The meeting of creditors must approve the agreement on Friday. The investors also take over the shares in foreign companies, but not in the US subsidiary of the German photovoltaic manufacturer.
Netherlands’ Prisma Systems offers to acquire SolarWorld
The Ducth solar company has confirmed to pv magazine that it has sent a takeover proposal to SolarWorld’s insolvency administrator last week.
SolarWorld enters insolvency
Almost three months after announcing provisional insolvency proceedings, the German module maker has now entered the insolvency process. The company, however, is currently negotiating with a potential investor for the takeover of its two German production sites.
Reuters: Shareholder from Qatar may save SolarWorld
The Qatar Foundation is to be a prospective investor. SolarWorld’s provisional insolvency administrator refused to comment on the reports, but was optimistic that a short-term solution could be reached for two production facilities in Germany.
SolarWorld: short-term solution from investor seems possible
The provisional insolvency administrator of the German module manufacturer is now in talks with a potential investor for the acquisition of the company’s German manufacturing facilities in Freiberg and Arnstadt. Around 1,200 employees will be transferred to a transitional company.
U.S. court upholds strict scope for duties on Chinese, Taiwanese imports
A pair of court rulings has shot down challenges by a range of solar manufacturers related to the details of 2014 import duties on solar products from China and Taiwan.
