SolarWorld AG
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  • Forbes9 months ago

    SolarWorld Scrambles To Survive Take-Or-Pay Lawsuits

    Shares of SolarWorld continued falling on Tuesday as concerns escalated over the German solar panel manufacturer’s future liquidity after an adverse ruling in a lawsuit brought in the U.S. by the silicon producer Hemlock Semiconductor. Hemlock Semiconductor, a subsidiary of Dow Corning based in Michigan, is the largest producer of polysilicon

  • Bloomberglast year

    Solarworld Halves 2nd-Quarter Loss as U.S. Sales Boost Revenue

    Solarworld AG, the German solar-panel maker that survived a plunge in module prices triggered by competition from China, said first-half sales jumped 40 percent on new business in the U.S. Solarworld’s loss before interest and taxes narrowed to 4 million euros ($4.4 million) in the second quarter, from a loss of 8 million euros in the same period a year earlier, the Bonn-based company said Monday in a statement. Solarworld is ramping up supplies to U.S. project developers, which have benefited from tumbling costs for solar panels.