in News Departments > New & Noteworthy
print the content item

comments: 0

Germany-based SolarWorld AG says it has embarked on an external review of its business plan, in light of financial concerns.

The company provided few concrete details in its recent investor statement, but it expects that "serious adjustments on the debt side are necessary." Several bonds are coming due, and a financial restructuring is likely, the company added.

SolarWorld noted that an "anticompetitive market environment" contributed to its financial woes. The company has been the most vocal proponent of applying tariffs to what it says are unfairly subsidized Chinese solar products.

Following the implementation of such tariffs in the U.S., SolarWorld's U.S. subsidiary recently noted that Chinese imports have fallen.




SolarEnergyTradeShow_id1384

Solar Careers
Latest Top Stories

Report Benchmarks U.S. Electric Utility Clean Energy Deployment

As the U.S. Environmental Protection Agency prepares for its listening sessions on its Clean Power Plan for existing power plants next week, a new report ranks the cleantech performance of nation’s largest electric utilities.


Solar Sector Fears WTO Ruling Against Tariffs Won't Save The U.S. From Itself

Although the WTO says U.S. anti-dumping tariffs levied on Chinese PV manufacturers are improper, few expect the ruling to prevent a rise in module prices.


Xcel Energy Offers Solar*Rewards 'Bridge' For Colorado Solar Installations

As an incentive for the continued development of customer-sited solar, Public Service Co. of Colorado has agreed to advance capacity for its popular Solar*Rewards program.


Flexible Sources Key To Integrating Solar PV Into Utility Operations

A report from three U.S. Department of Energy labs proposes a framework for integrating various amounts of PV into the grid.


PV Industry Leaders See A 'Second Gold Rush' Coming In The Solar Sector

A panel of solar sector executives from across the PV supply chain at Intersolar North America says the widespread adoption of distributed generation energy sources is inevitable.

S&C Electric_id1352
Lufft_id
PVcobra_id1394
WIP_id1320
SnakeTray_id1373