Just read in The Australian in an article discussing the wobbly state of solar industry that the Solon and another major German Solar business have declared bankruptcy.
I was in the library and read it there, in today's newspaper.
I can not find it in the on line version
The bankruptcy is likely to have impact on CBD as Solon is one of significant shareholders and solar equipment supplier.
Solar panel made by Solon were sold in Australia with 20 year warranty, this could now become CBD responsibility, being the agent and reseller.
Also the liquidators may need to sell the CBD shares to realize some cash.
Not a good news in the already bleak solar industry outlook.
solon applies for bankrupcy.
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
