Suniva files for chapter 11 bankruptcy
Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. manufacturers has filed for chapter 11 bankruptcy.
Suniva lays off workers in Georgia, Michigan
The company is reporting a “significant reduction in force” across all areas of its operations.
Shunfeng expands 2016 loss forecast
Shunfeng International Clean Energy (SFCE) expects to record a loss of 2.4 billion yuan ($349 million) for the 12 months to the end of December 2016.
Shunfeng forecasts $133m loss in 2016
Shunfeng International Clean Energy (SFCE) expects to post a loss of 923 million yuan ($133m) in 2016, as its fortunes sank throughout the final six months of the year.
