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May 15th, 2012
German integrated PV module manufacturer Sovello files for insolvency
Sovello announced it has filed for insolvency in self-administration at the district court in Dessau.
Sovello is partially integrated PV company, producing silicon wafers, cells and modules. The wafers are produced by so-called ribbon process (String ribbon™). Although this process uses less electricity than a standard wafer process based on ingot casting and sawing into wafers, has also several drawbacks.
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