The sales, together with the disposal earlier this year of a 10.1MW PV plant in Jüterbog and the sale of its Italian portfolio that is expected in coming weeks, will bring the company a delayed revenue of about €20m ($26.7m), the lack of which in late 2013 had been the cause of a liquidity squeeze that led to SAG Solarstrom's insolvency.
Solarstom sells last German projects
Insolvent German PV developer SAG Solarstrom has concluded the sale of the last three of its German PV projects with a combined capacity of 5MW for a "middle one-digit million euro figure".
6 August 2014 9:48 GMT
Updated
27 September 2016 6:19 GMT
By