Ulbrich Solar Technologies, a longtime supplier for the struggling module supplier, closed the doors on its plant in Hillsboro, Ore., citing fierce foreign module competition as the reason.
Almost three months after announcing provisional insolvency proceedings, the German module maker has now entered the insolvency process. The company is currently negotiating with a potential investor for the takeover of its two German production sites.
More than a year after the world’s largest renewable energy developer went under, Judge Stuart Bernstein has approved a deal that will allow it to emerge from bankruptcy proceedings over the objections of shareholders and two investors.
The company says the central assumption of the report – a $1.18 per watt floor price – is wrong and that the headlines resulting from the report could harm its trade case.
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
The U.S. International Trade Commission has informed the WTO that it is moving forward with its investigation into whether Suniva and SolarWorld deserve “global safeguard” protection from their competitors.
After originally being cool to Suniva’s petition to the U.S. International Trade Commission for protection from its Chinese competitors, SolarWorld has reversed its stance and joined the complaint as a co-petitioner.
After strongly criticizing the U.S. International Trade Commission’s decision to the bankrupt module manufacturer’s petition for “global safeguard relief” from imports of crystalline silicon solar PV cells and modules, the president and CEO of the Solar Energy Industries Association (SEIA) agreed to talk further about her concerns with pv magazine.
The International Trade Commission decided late tonight to move forward under Section 201 of the Trade Act of 1974 to investigate whether the bankrupt module maker deserves protection from its Chinese competitors, with potentially severe results for the U.S. solar market.
The company has given WARN Act notices to all of its employees, and says that it is trying to determine the right size going forward.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.