So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
Solar PV manufacturer SolarWorld Americas said it had been given a US$5 million loan to support a return to full manufacturing capacity, which would add around 200 jobs, sometime in the third quarter of 2018.
PV Tech reached its own little milestone of having reported and analysed the R&D spending habits of the same 12 key PV module manufacturers for 10 years. The results have just been published in sister technical journal Photovoltaics International as part of the annual leaders and laggards of R&D spending for 2016.
Qatar Solar Technologies (QSTec) has taken a 49% stake in SolarWorld Industries GmbH, the new entity that purchased SolarWorld AG’s core manufacturing assets, according to reports in Qatar.
Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
The insolvency administrator for SolarWorld AG's shares in Solarparc GmbH, Deutsche Lithium GmbH and SolarWorld Americas said it was focusing its efforts on finding buyers for these companies.
Solar PV cell and module ribbon interconnect supplier Ulbrich Solar Technologies has closed its production operations in Hillsboro Oregon, due to operating difficulties of SolarWorld Americas after parent company SolarWorld AG went into insolvency proceedings.
Key manufacturing and R&D assets of bankrupt German integrated PV module manufacturer SolarWorld AG have been acquired by its former founder and chairman, Dr. Ing. Eh Frank Asbeck.
Bankrupt German integrated PV module manufacturer SolarWorld AG has announced the resignation of its Management Board, excluding founder and chairman, Dr. Ing. Eh Frank Asbeck.