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EV manufacturer Think files for bankruptcy after failing to find financing
Think, once a leader in the development of electric-powered cars, has filed for bankruptcy after failing to find long-term financing, according to reports.
View ArticleShare prices fall as Evergreen Solar’s demise sends shockwaves across solar...
The share price of some of the largest solar firms in the US and Europe are tumbling today after Evergreen Solar filed for bankruptcy and went up for sale.
View ArticleNasdaq delists bankrupt Evergreen Solar
US photovoltaics manufacturer Evergreen Solar has received a letter from the Nasdaq Listing Qualifications Staff suspending the trading of its shares, after the company filed for bankruptcy earlier...
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Geothermal developer Calpine resolves bankruptcy claim
US geothermal developer Calpine has announced it will release 19.8 million shares of common stock from reserves that had been set aside to satisfy bankruptcy claims.
View ArticleSolyndra becomes third US solar company to file for bankruptcy in a month
California-based solar developer Solyndra has filed for bankruptcy with the potential loss of 1,100 jobs.
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US still bullish on homegrown solar sector
Following the announcement that government-backed US solar company Solyndra has filed for bankruptcy the Department of Energy has made statements to counter Republican accusations in Congress that...
View ArticleSpectraWatt to auction off solar cell production facilities
Bankrupt US photovoltaics component manufacturer SpectraWatt will conduct an auction of its 140,000 square foot fully-automated, crystalline solar cell manufacturing and research facility in Hopwell...
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German silicon specialist must secure cash or will face bankruptcy
A Germany-based silicon ingot producer will need a cash boost to survive as it announced that it is considering liquidation.
View ArticleCanadian silicon specialist files for bankruptcy protection
A Canadian silicon specialist is in dire need of a cash injection after filing for bankruptcy protection.
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Q Cells forms bond restructuring deal
German photovoltaic component manufacturer Q Cells has agreed in principal to a deal with major bondholders that will restructure its three convertible bonds in a move to stave off bankruptcy.
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Clyde Blowers acquires turbine component manufacturer Moventas Wind
UK private equity firm Clyde Blowers has completed acquisition of wind turbine gear manufacturer Moventas Wind and industrial gear producer Moventas Santasalo from the bankrupt estate of Moventas Oy,...
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EDF to acquire assets, staff of bankrupt solar company Photowatt
The Commercial Court of Vienne in France has authorised EDF Energies Nouvelles Reparties to purchase the assets of bankrupt solar company Photowatt International.
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Ener1 to emerge from bankruptcy through restructuring
The US Bankruptcy Court in the Southern District of New York has confirmed a repackaged reorganisation plan for energy technology specialist Ener1.
View ArticleSolyndra backers get court approval for bankruptcy exit
A judge in the US state of Delaware is overruling government objections and approving a bankruptcy exit plan for photovoltaic company Solyndra.
View ArticleJohnson Controls launches court appeal over A123 sale
US cleantech company Johnson Controls, lead bidder of the assets of bankrupt A123, is appealing a court decision to allow Wanxiang to buy the bulk of the battery-maker.
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Edison Mission Energy files for bankruptcy protection
US-based Edison Mission Energy (EME) filed for chapter 11 bankruptcy after discussions with creditors failed.
View ArticleSiliken Solar’s US arms file for bankruptcy protection
The US divisions of Spanish photovoltaics company Siliken Solar have filed for bankruptcy protection.
View ArticleSuntech shares slide as analysts say bankruptcy ‘highly likely’
One of the world’s largest manufacturers of solar panels SunTech Power is almost out of cash and seems to be poised for bankruptcy or a takeover.
View ArticleSuntech Wuxi declares bankruptcy
Suntech Power Holdings, which was until recently the world’s largest solar panel producer, has declared its main subsidiary in China to be bankrupt.
View ArticleSuntech and other Chinese solar stocks rally on Buffett buyout rumours
Chinese solar manufacturers rallied in New York, led by Suntech Power Holdings, on rumours that billionaire Warren Buffett may be interested in buying the company, which was forced into bankruptcy...
View ArticleGerman solar business Solen files for insolvency
Solen, a German photovoltaics project developer, has reportedly filed for insolvency after failing to repay interest on a loan.
View ArticleDeal round-up: Solar industry continues to face distress on multiple continents
The solar industry is facing serious issues throughout the world, with bankruptcies occurring at some of the largest Chinese solar firms, European firms reporting losses and divesting assets, and a...
View ArticleDOE seizes $21m from financially stunted Fisker
The Department of Energy (DOE) has seized $21m from struggling electric car maker Fisker Automotive.
View ArticleElectric vehicle maker Coda files for Chapter 11 bankruptcy
Electric vehicle maker Coda will exit the automobile market and focus on energy storage as it files for chapter 11 bankruptcy protection after selling only 100 vehicles.
View ArticleSuntech gives restructuring update as deadlines loom
Suntech’s efforts to restructure both its Chinese and European units are on-going as the company works to meet tight creditor and administrator deadlines.
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A123 Systems gets approval for bankruptcy plan
A123 Systems, which previously received a $249m Department of Energy (DOE) grant, has been given final approval for its reorganisation plant by a Delaware bankruptcy judge.
View ArticleBattery giant Exide files for Chapter 11 bankruptcy protection
Exide Technologies, one of the world’s largest producers and recyclers of lead-acid batteries, has filed for Chapter 11 bankruptcy protection.
View ArticleEV manufacturer Miles Electric Vehicles files for bankruptcy
US electric vehicle manufacturer Miles Electric Vehicles has filed for chapter 11 bankruptcy protection today, highlighting the difficulties faced by battery-powered vehicles in gaining acceptance on...
View ArticleGehrlicher Solar files for bankruptcy protection, blames EU-China dispute
German PV company Gehrlicher Solar has filed for bankruptcy protection blaming the EU-wide introduction of anti-dumping tariffs on Chinese modules and the resulting deterioration of market conditions...
View ArticleGehrlicher Solar considers sale of US business
Troubled German solar manufacturer Gehrlicher Solar is seeking an investor to purchase the US arm of the business as the company reviews reorganisation plans.
View ArticleSolar parts manufacturer Infinia files for shapter 11 bankruptcy
Utah-based solar parts manufacturer Infinia has filed for chapter 11 bankruptcy after failing to find additional financing.
View ArticleFinland’s WinWinD files for bankruptcy
Struggling Finnish wind turbine manufacturer WinWinD has submitted a voluntary petition for bankruptcy to the District Court and had attorney Pauliina Tenhunen appointed by the court as administrator.
View ArticleSuntech unloads indebted business unit to fellow Chinese solar company Shunfeng
Debt-ridden Chinese solar panel company Suntech Power Holdings has agreed to sell its main business unit to Shunfeng Photovoltaic International for RMB3bn.
View ArticleNYSE goes ahead with Suntech delisting
Troubled Chinese solar manufacturer Suntech has lost its appeal to remain listed on the NYSE.
View ArticleAustralian wave power pioneer Oceanlinx goes bankrupt
Wave power pioneer Oceanlinx has entered receivership part way through installing what would have been the world's first 1MW single-unit wave energy generator.
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