The Annual General Meeting held in Berlin on 16.11.2011 did not support the resolutions proposed in the agenda by the company’s management. Presence was 6.41 per cent of the total shareholders’ equity represented by approximately 40 shareholders. The resolution to liquidate the company did not achieve the necessary majority. The Managing Board continues talking to [...]
Despite the appropriate efforts, Solarvalue AG did not succeed to ensure the funds needed for the scheduled industrial production of solar grade silicon. Due to the company’s current financial situation, the Annual General Meeting, scheduled for 16th November 2011 in Berlin, will have to decide about the liquidation of the company. The invitation for the [...]
As already disclosed several times, Solarvalue is still ongoing to keep the dialogue with potential investors to raise the funds necessary to ramp up an industrial scale production for solar grade silicon. The current market situation, combined with the expectation for further price drops in silicon caused by overcapacities in the midterm, makes the potential [...]
As a part of the cost cutting measures Solarvalue AG duly terminated the existing agreement with the Designated Sponsor by July 1, 2011. The consequence is, that from this day there is no continuous trading on the electronic trading platform XETRA. However, the trading in Solarvalue shares is still guaranteed and will go on unchanged. Please [...]
With approximately 77,000 visitors from 156 countries and 2,280 exhibitors the Intersolar Europe, that took place in Munich from June 8 to June 10, set a new record for both figures, visitors and exhibitors. At this largest solar exhibition worldwide Solarvalue representatives again had meetings with potential strategic partners. Dr. Christian Bornhauser, Member of the [...]