DayStar adds that it does not have access to bank financing to cover debt payments. The US solar industry is undergoing consolidation as weaker players struggle with declining sales, tight credit markets, and increased competition from China and Germany.
Daystar chief dropped as staff levels are slashed by a third
DayStar Technologies chief executive and director Stephan DeLuca has resigned at the request of the company's board after the thin-film solar-cell-maker reported a first quarter $7.6m net loss.
21 May 2009 22:00 GMT
Updated
25 November 2012 9:33 GMT
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