Further to the news of Germany’s economy showing some improvement, Q-Cells has come out and said that it has no liquidity problems at the moment, according to its chief financial officer who spoke to Reuters.
“At the moment, our liquidity amounts to 520 million euros ($734.6 million). This is absolutely sufficient for now,” said Nedim Cen.
However, almost in the same breath, Q-Cells said it was planning to slash about a fifth of its workforce, so it is unclear about how long it will take the economic improvement to positively affect the solar PV market.