Financial troubles at SolarWorld continue as the struggling PV module manufacturer delays reporting its full-year financial results as it talks with creditors over restructuring its debts.
In a brief statement, SolarWorld said that its management was working on a restructuring deal with the helpd of Görg law firm and Houlihan Lokey investment bank.
The company did not say when it would announce results for 2012, noting that the March 21 date for issuing financial results had been postponed. However, when a restructuring deal had been approved the company would issue its results.
Last week SolarWorld announced the resignation of its Chief Operating Officer Boris Klebensberger.