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NEWS TAGGED EVERGREEN SOLAR
Thursday 18 January 2024
LCY Group signs US$9.5 million deal with Nippon Denkai
Taiwan's LCY group secured a US$9.5 million financing deal with Nippon Denkai for the Japanese electrolytic copper foils subsidiary DENKAI America Inc., signaling a strategic alliance...
Wednesday 7 December 2011
Digitimes Research: Solar firms facing concerns over the ability to repay loans
Since the second half of 2011, many solar firms have been suffering losses and possible bankruptcies. US-based Solyndra, Spectrawatt and Evergreen Solar all declared bankruptcy. Many...
Friday 2 December 2011
Commentary: Consolidation to get solar industry back on track
The solar market has been experiencing large turbulences in 2011. No one is optimistic about the industry in the short run. However, the exit of unfit firms has become the main drive...
Monday 17 October 2011
Europe debt crisis causing shortage of bank loans for solar firms
After a string of bankruptcies declared by US-based solar firms, many Europe-based solar firms have been feeling pressure due to the Europe debt crisis, according to market waters...
Tuesday 4 October 2011
Asia-based solar firms to be hit by operation suspensions due to low demand
Starting in 2011, many Europe and US based solar firms have been forced to lower or halt production due to lack of competitiveness. Some firms have even filed for bankruptcy. Industry...
Wednesday 17 August 2011
Fierce competition in solar market adding financial pressure on solar firms
The rise of China-based solar firms has been depressing the price of solar products due to competitive cost-reductions. Many Europe- and US-based solar firms have been facing problems...
Wednesday 17 August 2011
Taiwan firms unlikely to land orders from Evergreen Solar customers
US-based solar firm Evergreen Solar has declared bankruptcy and plans to sell its String Ribbon silicon wafer technology. The development has prompted speculation that orders may...