SolarWorld was reported to have cited the expected expiry of EU tariffs on Chinese produced PV modules and the end to the MIP (Minimum Import Price) agreement this year as well as the general trend of continuous lowering of module average selling price (ASP) as reasons behind the start of insolvency proceedings. Image: SolarWorld
German-based monocrystalline PERC (Passivated Emitter Rear Cell) PV module manufacturer SolarWorld Industries has filed for bankruptcy a second time in less than a year.
The district court in Bonn has appointed Christoph Niering as the provisional insolvency administrator for the company.
SolarWorld was reported to have cited the expected expiry of EU tariffs on Chinese produced PV modules and the en…
Read the full article at: https://www.pv-tech.org/news/solarworld-heads-back-into-insolvency