The wave of bankruptcies in the solar industry continues unabated – and once again, investors lose a lot of money. Meanwhile, Germany’s large solar companies have lost almost 25 billion Euros on the stock market.
Yet again another failure of a solar company: the solar system builder Centrotherm has made the application for insolvency on Wednesday. “We are not insolvent,” laboured a spokeswoman for damage control. The share price collapsed by 80 percent to 0.42 Euros. One analyst commented: “Another solar bites the dust”, after the song “Another One Bites the Dust” by the rock band Queen.