German Sun King's SolarWorld to file for insolvency

Business | 206995 hits | May 15 9:38 am | Posted by: N_Fiddledog

Germany's SolarWorld (SWVKk.DE), 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

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