Solar shakeout: asola Solarpower files for insolvency

  • asola remains optimistic that it can restore competitiveness and profitability in a “short time”. Image: asola
    asola remains optimistic that it can restore competitiveness and profitability in a “short time”. Image: asola

Module manufacturer asola Solarpower has filed for insolvency but is still open for business.

The company said that in-house production would be increased in order to meet its current module orders and that it remained optimistic it could restore competitiveness and profitability in a “short time”.

It has further advised that managing director Reinhard Wecker will withdraw from his role to the automotive department at asola.
 

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