(SeeNews) – Oct 11, 2012 – Spanish photovoltaic (PV) modules producer Yohkon Energia has filed for voluntary insolvency at a court in Valladolid, the official gazette of the commercial register said yesterday.
According to news portal Alimarket Energia, quoting Yohkon Energia, the company has studied various options before that move. On the other hand, union sources declared to Alimarket Energia that the company has already applied a downsizing plan to its 30 employees. According to the same sources, the lack of orders and activity were the main reasons for the insolvency. They noted that for the last two years Yohkon received only one purchase order.