PV toolmaker Centrotherm seeks bankruptcy protection

Ausbau des Solargeschäfts schreitet weiter voran ¿ Siemens erhält Photovoltaik-Auftrag von Statkraft Siemens Energy hat einen Auftrag zur schlüsselfertigen Errichtung einer Photovoltaik-Freiflächenanlage aus Italien erhalten. Auftraggeber ist das norwegische Energie-unternehmen Statkraft. Die Anlage mit einer Spitzenleistung von 3,3 Megawatt wird in Casale in der Nähe von Rom errichtet und künftig mehr als 1200 italienische Haushalte mit umweltfreundlichem Strom versorgen. Siemens übernimmt als Generalunternehmer das Projektmanagement einschließlich des Engineerings und den Bau des Sonnenkraftwerks. Expansion of solar business advancing very well - Siemens receives first photovoltaic order from StatkraftSiemens Energy has received an order from Italy for turnkey construction of a large ground-based photovoltaic plant. Purchaser is the Norwegian utility Statkraft. The plant with a peak output of 3.3 megawatts will be built in Casale in the vicinity of Rome and supply over 1200 Italian households with eco-friendly electricity. As general contractor Siemens will handle project management including engineering and construction of the solar power plant.

Centrotherm was the third-largest supplier of PV manufacturing equipment in 2011

Siemens AG, Energy Sector

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By Karl-Erik Stromsta London

 Wednesday, July 11 2012

Updated: Sunday, November 25 2012

Germany’s Centrotherm – one of the world’s largest suppliers of PV production equipment – has filed for bankruptcy protection as it embarks on a deep restructuring programme.

Under new German insolvency rules put in place this spring, the company will enter a three-month “protective” phase, during which it will be exempt from paying most of its creditors and will remain more or less fully operational.

Centrotherm will nevertheless continue to shrink its production and slash its operating costs to reflect the wave of consolidation sweeping over global PV manufacturers.

Chief executive Robert Hartung insists the company “can both process orders to schedule and also pay our suppliers” for the time being. However, its many creditors will only be “satisfied as…

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