SolarWorld resumes production after insolvency filing
SolarWorld installation. Image source: SolarWorld Americas Inc.
German solar manufacturer SolarWorld Industries GmbH said today it has resumed production at both its German factories after the opening of preliminary insolvency proceedings and added that it has started making shipments to customers this week.
The company filed for insolvency at the end of March, a bit more than half a year after it emerged from insolvency.
"It was important for us to restart production as quickly as possible and to provide SolarWorld Industries’ customers with high-quality products from SolarWorld’s production facilities in Arnstadt and Freiberg," said provisional insolvency administrator Christoph Niering.
In addition to fulfilling further customer orders, the focus in the coming weeks will be on contacting potential investors for the company. According to the announcement, the number of responses so far is promising.
The first shipments are being sent to Kuwait, Japan, Sri Lanka and to customers in Germany, the company said. The largest single order is for about 14,000 solar modules and has been awarded by a customer in Kuwait.