According to foreign media reports, three solar energy companies filed for bankruptcy in the past week. This is another new wave of bankruptcy after solar power giants such as Q-Cells and the bankruptcy of Wuxi, China, declared bankruptcy when Q-Cells fell sharply in the last round.
The three companies that filed for bankruptcy are Germany's Conergy and Gehrlicher Solar, and Hawaiian solar company Hoku. All three solar companies attribute their collapse to fierce competition in the global photovoltaic market.
Hoku is a solar polysilicon giant in the United States. It has filed for bankruptcy protection with the Pocatello Federal Court. Its debt is about one billion dollars. Hoku's partners include JinkoSolar and Suntech.
The EU has decided to impose anti-dumping sanctions on China, and the solar companies in its member countries have a very difficult living environment. Conergy used to be Europe's largest solar energy group. In 2007, the company's market value exceeded 2.2 billion euros, but it is currently about 57 million euros. It is reported that part of the company's equity will be acquired by an Asian investor.
Another German company, Gehrlicher Solar, has also become the latest company to file for bankruptcy, and is responsible for the planning, construction, financing, and operation of global megawatt photovoltaic power generation projects. The company ranked 22nd in the 2012 EPC company size ranking.
According to industry analysts, the economic downturn and weak demand led to a difficult living environment for German installers, and the EU forced China, the main importer of products, to raise export prices and make price commitments, which will bring greater downstream installers in the EU region. pressure.
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