Skip to comments.Germany solar energy firms soliciting investments from Taiwan
Posted on 07/13/2012 7:25:47 AM PDT by Oldeconomybuyer
Taiwan's Investment Commission has offered local solar energy firms a list of counterparts in Germany that have gone bankrupt recently and are currently soliciting investments from Taiwan makers.
Due to severe price competition in the solar market, many Germany-based solar firms have declared bankruptcies and are in need of investment. Considering the fact that Taiwan has a well-developed solar supply chain, by acquiring these Germany-based firms, Taiwan-based peers can obtain technologies and local distribution channels.
The Germany-based firms that are being solicited are Blue Chip Energy, Arise Technology Deutschland, Solar Millennium, SunConcept, Ralos New Energies, Solarhybrid, Odersun, Q-Cells, Soltecture, Solvello, Invetux Technologies, Solarwatt, Centrotherm and GSE Deutschland.
Others include Sunways, which has been acquired by China-based LDK and Scheuten Solar, which has been acquired by Aiko Solar in China.
Some solar firms in Germany have been expressing interest in receiving foreign funding such as Conergy, a Germany-based solar firm that recently announced that a China-based firms will procure 30% of its shares.
(Excerpt) Read more at digitimes.com ...
Suckers! Solar subsidies are being phased out in Germany now...no wonder all these firms are going t!ts up. Who in their right mind would invest in a black hole?
Barack Solyndra Obama.
Heh. It takes one to know one...