Once among the world’s highest-profile renewables companies, with business spanning solar, wind and bioenergy, Conergy, based in Hamburg, Germany, slid into insolvency during the PV industry’s downturn in 2013.

The company's subsequent restructuring saw the Conergy brand name and most of its downstream development and sales units sold to Kawa Capital Management, a Miami-based asset management firm. China’s Astronergy bought the company’s 300MW module plant in Germany.

Since