In 2008, SolarMax hit its peak, claiming the title of fifth largest inverter supplier in the world. Last week, Swiss parent company of SolarMax, Sputnik Engineering, declared bankruptcy, leaving many portfolio owners and service providers confused and without support. As unfortunate as the case may be; it likely will not be the last we witness. The well-known example of Satcon (which filed for bankruptcy in 2012) has shown the significant impact of an event like this on the market, but the question remains: how do we deal with this?
via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1yfe9g8