German 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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