Solar shakeout: SiC Processing to prepare restructuring plan

Facebook
Twitter
LinkedIn
Reddit
Email

The local court in Amberg, Germany court has appointed Dr Hubert Ampferl, partner of Nuremberg-based law firm Dr Beck & Partner, as supervisor of SiC Processing, which is operating as ‘debtor-in-possession’ during insolvency proceedings.

The slurry recycling specialist has until March 19 2013 to propose a restructuring plan that will be put forward to creditors in a meeting to be held in mid April.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

December 6, 2024
The company recorded losses of US$179.1 million in Q3, with revenues of US$88.5 million, in a continually difficult year.
December 6, 2024
US$14 million net losses for the quarter compared with net income of US$4 million in Q2 2024 and US$22 million in Q3 2023.
December 6, 2024
Encavis has commissioned a 114MW solar park in Borrentin, Germany, the largest project in its German portfolio.
December 6, 2024
The US Treasury and IRS have released their final rules for the implementation of the Section 48 Investment Tax Credit (ITC).
December 6, 2024
Singapore-headquartered solar manufacturer EliTe Solar has commissioned a solar cell production plant in Indonesia.
Premium
December 6, 2024
French independent power producer Reden has recently launched a module assembly line with an annual nameplate capacity of 200MW in France.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
December 12, 2024
9am GMT / 10am CET
Solar Media Events, Upcoming Webinars
December 18, 2024
9am GMT / 10am CET
Solar Media Events
February 4, 2025
London, UK
Solar Media Events
February 17, 2025
London, UK