Nice Solar Energy shareholder Manz, supplies turnkey CIGS production lines.
Image: Manz AG
From pv magazine Germany
Germany-based Nice Solar Energy has opened the proceedings for self-administered insolvency at the Heilbronn District Court, in Germany. The insolvency proceedings under self-administration have been possible since 2012 under German insolvency law. Various PV companies have already used this process.
The CIGS thin-film photovoltaics specialist will now have three months to present a restructuring plan. In the meantime, business operations continue …
Read the full article at: https://www.pv-magazine.com/2021/02/10/nice-solar-energy-files-for-insolvency-under-self-administration/