Informations pour la presse

Sunways: Innovative solution for intelligent management of solar energy

Global warming and environmental pollution are driving the demand for clean energies. Germany is targeting an energy change with an increased production and utilization of solar energy. But how to limit costs for additional grid capacity?

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Sunways aims to avert insolvency proceedings

After the appointment of a preliminary insolvency administrator following a third party application, business operations of the Sunways Group (SWW:GR, SWWG.DE, ISIN DE0007332207) largely returned to normal.

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Dr. Thorsten Schleich appointed as preliminary insolvency administrator of Sunways AG

After a third-party application to open insolvency proceedings on the Konstanz-based photovoltaic company Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207), Dr. Thorsten Schleich from the law firm Schleich & Kollegen was appointed as preliminary insolvency administrator by the insolvency court Konstanz.

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New Supervisory Board members at Sunways

Following a relevant suggestion from the company, Xiaofeng Peng (Hong Kong, People’s Republic of China) and Dr. Yuepeng Wan (Xinju, Jiangxi, People’s Republic of China) were appointed as members of the Supervisory Board of Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207) by the local court of Freiburg im Breisgau.

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Extensive restructuring and realignment of the Sunways Group

The market environment for the German solar manufacturing industry changed drastically in the past few years. Market prices for photovoltaic components decline continuously . Against this background and in view of Sunways AG’s (SWW:GR, SWWG.DE, ISIN DE0007332207) difficult economic situation, the Management Board, with the consent of the Supervisory Board, passed a resolution on the Group’s extensive restructuring and realignment.

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