Potential buyers line up to acquire stake in insolvent German solar power company Solarworld
German solar panel producer Solarworld is attracting the interest of many potential investors after filing for insolvency in March, Sandra Enkhardt writes in pv magazine. More than a dozen potential buyers have expressed interest, and insolvency administrator Christoph Niering says preserving jobs and know-how at the company is a priority when it comes to finding an investor, Enkhardt writes. “Solarworld’s production facilities are part of the core of the German and European solar industry, which is still a leader in technology and sustainable production,” pv magazine quotes Niering as saying. In April, Solarworld said it would continue production of solar modules and ship them internationally, while production of solar cells will be halted at least temporarily, Enkhardt writes.
Read the article in German here.
For background, read the CLEW article Last major German solar cell maker surrenders to Chinese competition.