American Solar Direct swerves into chapter 7 bankruptcy
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
United States informs WTO of trade petition investigation (ITC notification embedded)
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.
BREAKING: SolarWorld Americas joins Suniva’s trade petition
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.
EXCLUSIVE: Abigail Ross Hopper speaks out on Suniva
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.
BREAKING: U.S. trade commission moves ahead with Suniva investigation
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.
BREAKING: SolarWorld may close Oregon factory
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.
Squeeze attempt undercuts Suniva’s trade case (FULL LETTER EMBEDDED)
In a shocking and bizarre twist to bankrupt panel manufacturer Suniva’s potentially devastating trade-protection petition, the company’s biggest U.S. creditor told the Chinese that for the right price, it could make the trade complaint disappear.
Report: Suniva case could slash U.S. PV market 60% by 2021 (with chart)
IHS Markit says the complaint creates uncertainty among module manufacturers, who can no longer offer price guarantees to clients until the case is resolved.
SolarWorld Americas to continue operations
Amid a flurry of speculation after its German parent company SolarWorld AG, the U.S. arm of the crystalline silicon PV manufacturer released a statement reassuring the market and its employees that it continues to operate at full strength.
Solarworld insolvent, provisional administrator named
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. The company’s German subsidiaries have also filed for insolvency.
