All the creditors will have to provide a restructuring contribution in order to ensure the survival of the company. Once the insolvency plan is approved, the related insolvency proceedings will be closed.
Last year, the German inverter maker achieved record shipments, despite a decline in turnover. The company expects further price pressure in 2017.
Hanwha Q Cells, Enphase Energy, Solarwatt and EDF are among the big names grabbing the headlines in a week where new product launches and new GW-scale tender details were revealed.
The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
Growth in distributed renewable power generation is sparking raft of regulatory requirements that benefit module level power electronics, says a Frost & Sullivan report.
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
The German firm signs framework agreement with DNE Solar for the delivery of 300 MW of string inverters to be installed across South Korea.
PV Expo Tokyo, the leading solar power show for the world’s third-largest PV market, concluded last week after three full-on days. pv magazine reports on five key takeaways from this year’s show.
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
The Israeli-headquartered DC power optimizer specialist announces bold new expansion into the Japanese market at PV Expo, Tokyo, including new office and expanded portfolio.
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