Early last month Munich-based Gehrlicher, a significant global EPC player, tumbled into insolvency after a consortium of banks withdrew an €85m ($110m) credit line as the “direct result” of the EU imposing preliminary anti-dumping tariffs on Chinese modules.
As a downstream installation specialist, Gehrlicher requires a steady supply of ever-cheaper modules, particularly in its core markets in Europe, where incentives are fast dwindling.
Even
