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SolarWorld AG (SWVKk.DE)

SWVKk.DE on Xetra

1.08EUR
26 May 2017
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€-0.07 (-6.32%)
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Thu, May 11 2017

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SolarWorld collapses as Europe's solar industry eclipsed by China

FRANKFURT Europe's embattled solar power industry has been dealt a fresh blow, with cut-price competition from China driving Germany's SolarWorld into insolvency and wiping out quarterly profits at SMA Solar . | Video

UPDATE 2-SolarWorld collapses as Europe's solar industry eclipsed by China

* Nordex says Q1 order intake down nearly 40 pct (Wraps SolarWorld, SMA, Nordex, recasts)

German Sun King's SolarWorld to file for insolvency

FRANKFURT Germany's SolarWorld , once Europe's biggest solar power equipment group, said on Wednesday it would file for insolvency, overwhelmed by Chinese rivals who had long been a thorn in the side of founder and CEO Frank Asbeck, once known as "the Sun King".

UPDATE 1-German Sun King's SolarWorld to file for insolvency

* Shares in Frankfurt-listed shares down 82 pct (Recasts, adds context, comment from CEO and founder)

Solarworld files for insolvency

FRANKFURT, May 10 Germany's Solarworld has filed for insolvency proceedings, defeated by Chinese competition which has flooded the market with cheap solar panels.

BRIEF-Bacanora announces acquisition of 50 pct interest in strategic german lithium asset

* Bacanora announces acquisition of 50 pct interest in strategic german lithium asset

BRIEF-SolarWorld enters partnership with Bacanora Minerals for lithium mining in ore mountains

* Solar technology group will sell a share of 50 percent of its project in Altenberg-Zinnwald to Bacanora Minerals Ltd

Germany's Solarworld cuts jobs, production as loss widens

Feb 10 Solarworld said on Friday it would cut 12 percent of its workforce after reporting a bigger operating loss for last year.

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