December 11 (Renewables Now) – Australian perovskite solar cells developer Greatcell Solar Ltd (ASX:GSL) announced today its group of companies has entered into voluntary administration after failing to secure re-financing for its activities.
The company has appointed BRI Ferrier administrators for Greatcell Solar Ltd, Greatcell Solar Industries Pty Ltd and Greatcell Solar Australia Pty Ltd after a series of unfortunate and unwelcome developments in recent weeks, one of them being the death of chief scientist Hans Desilvestro in a mountaineering accident on November 10.
The directors of Greatcell Solar stated that they believe they have exhausted all known options f…
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