Germany solar energy firms soliciting investments from Taiwan Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Friday 13 July 2012] Taiwan's Investment Commission of the Ministry of Economic Affairs (MOEA) has offered local solar energy firms a list of counterparts in Germany that have gone bankrupt recently and are currently soliciting investments from Taiwan makers. Due to severe price competition in the solar market, many Germany-based solar firms have declared bankruptcies and are in need of investment. Considering the fact that Taiwan has a well-developed solar supply chain, by acquiring these Germany-based firms, Taiwan-based peers can obtain technologies and local distribution channels. The Germany-based firms that are being solicited are Blue Chip Energy, Arise Technology Deutschland, Solar Millennium, SunConcept, Ralos New Energies, Solarhybrid, Odersun, Q-Cells, Soltecture, Solvello, Invetux Technologies, Solarwatt, Centrotherm and GSE Deutschland. Solon SE, which has been acquired by Microsol is one of the Germany-based solar firms that declared bankruptcy in the past year but were not included on the list. Others include Sunways, which has been acquired by China-based LDK and Scheuten Solar, which has been acquired by Aiko Solar in China. Some solar firms in Germany have been expressing interest in receiving foreign funding such as Conergy, a Germany-based solar firm that recently announced that a China-based firms will procure 30% of its shares www.digitimes.com/news/a20120713PD200.html |