SolarWorld Americas Receives $5 Million Loan

By [email protected] SolarWorld Americas announced Wednesday that its creditors have agreed to lend the crystalline-silicon solar cells and module manufacturer an additional $5 million for operations, as the company seeks to build back to full capacity utilization and profitability.

“With this latest cash infusion, our creditors are demonstrating their confidence in our company and its outlook for growth,” said Juergen Stein, CEO and President of SolarWorld Americas. “We are continuing to serve our customers, as we have done for decades. They should read this update as yet another signal of our stable financial footing.”

SolarWorld’s lenders previously extended a loan of $6 million

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