SolarWorld woos Qatari investor

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Friday, May 03, 2013

SolarWorld says an unnamed Qatari investor could help it get out of debt.

SolarWorld’s this week said it had reached a preliminary major debt restructuring deal. The company believes it is making strides toward overcoming hyper-competitive pressure from China while analysts are split as to how well the industry will react to several issues.

But one source told the agency Qatar Solar Technologies, of which SolarWorld owns 29 percent, could step up with money for SolarWorld.

Read more at Sustainable Business Oregon.

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