Conergy was among a small number of companies that could hope for a return to profits this year or next, after painfully reversing its over-extension across the solar value chain by shedding its wafer, inverter and cell production. The Hamburg-based PV group had also said ‘goodbye’ to its ventures into other renewables such as wind and biogas.

A downsized Conergy had said it hoped to return to at least an operating profit this year.

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