By .(JavaScript must be enabled to view this email address) - 22 April 2009, 13:28
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Conergy Supervisory Board goes after former Board members for compensation

In a move to draw a line underneath the crisis affecting Conergy’s efforts to reorganise and weather the current downturn, the Supervisory Board is seeking financial compensation from former Board members, including Hans-Martin Rüter, former Chairman at Conergy.

The current Supervisory Board said in a statement that poor business decisions and accounting practices had led to the company coming close to collapse in 2007-08. Conergy lost approximately €500 million in five quarters, until end of 2008.

The MEMC solar wafer contracts were said to have been inflated in terms of price and volume, while 1,000 jobs had been lost, which continue to burden the financial operations of the company.

The Supervisory Board said that it would immediately start settlement negotiations with the former Management Board members and would take legal action should settlements not be made.

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Photovoltaics International 16th Edition

This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.
Photovoltaics International Lite, Volume 05 - 2011

This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.
Manufacturing The Solar Future: The 2012 Production Annual

Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Conergy Supervisory Board goes after former Board members for compensation

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