Solar Millennium – which made its name in the concentrating solar power (CSP) sector but belatedly attempted to broaden into PV – is negotiating the sale of its US pipeline to fellow German group Solarhybrid.

Conclusion of the deal – which includes the 1GW Blythe development in California – was due at the end of last month.

Announcing plans to call in the insolvency administrators, Solar Millennium says: “Agreement exists to a large extent on this transaction.