Established in late 1999, Hanwha Q CELLS, known as Q-Cells AG at that time, launched silicon solar cell production in the first six months of 2001 with just 19 employees. Today, Hanwha Q CELLS GmbH is part of the South Korean Hanwha business conglomerate and employs around 1,500 employees... More
Monday, Apr 22012, 10:42 AMGermany's Q-Cells (QCLSY.PK), which used to be the world's biggest manufacturer of solar cells, will file for insolvency after a court ruling prevented it from carrying out a plan to swap debt for equity. Q-Cells is the latest victim of the crisis in the industry, and joins peers such as Solon, Solar Millennium and Solarhybrid in going out of business. |Monday, Apr 22012, 10:42 AM| Comment!