Solarworld resurrected with the help of Qatari investment:
"Solarworld, a former stock market darling that became one of the biggest casualties of Germany’s ill-fated solar boom, has been resurrected from insolvency with the help of investors from Qatar. The company has agreed to sell its key assets — including its two manufacturing plants in Germany — for about €100m to a Qatari-German joint venture set up by Frank Asbeck, the founder of Solarworld, and Qatar Solar Technologies. The new company, Solarworld Industries, was formally unveiled in Berlin on Thursday."
'via Blog this'
No comments:
Post a Comment