List of Companies in solar energy that filed for Bankruptcy

The war with china in the solar market has decreased panels prices more than 30% in 2011, reducing profit margins of the companies. To make the right desicion about solar, photovoltaic panels and which solar producion company to choose it is important to spend some time on the viability of the company and its potential in the solar market. 

 The financial health of the companies is an important criterio, so as to make sure, that the guarantees you have will be valid after 10 or 15 years.

As such,  I'll make a list here,  with the solar companies that already went bankrupt and / or companies that take management desicions such as
closing of factories or firing of personel. 
Of coure , I am not suggesting that the companies  that close a factory will go bankrupt. But it is rather an indication of its growth and financial situation.

A. Solar Companies that reduce costs in order to survice such as factory closing, job cuts:

1. SOLON
2. QCELLS - (downsizing)
3. CONERGY (cuts, sold inverters 20.12.2011)
4. REC (9/2011 reducing production in 3 factories in Norway ,lay-offs) 
5. CALISOLAR inc. (15-9-2011) 
6. BP solar: closes in Maryland only (17-9-2011) 
7. Solar World AG (Swv) (19-9-2011) closes plants in California and Germany
8. BP solar : closes factories around the world (4-10-2011)
9. Energy Conversion Devices (17-10-2011 - cost reductions -  Creating a legal committee) 
10. Meyer Burger Technology AG (MBTN) (25-10-2011 - reducing production in Switzerland and working part-time) 
11. Energy Conversion devices - (10-11-2011 - suspension of ALL production until further notice)
12. Suntech (10-11-2011 - reduction in staff) 
13. First Solar (23-11-2011) - freeze production in Vietnam 
14. CIS Solartechnick Gmbh (pv magazine 24-10-2011) closes end of the year
15. QCELLS (20-1-2012) Rumors of filing for insolvency ? 
16. Solland (27-1-2012) Holland - lays off staff 
17. Miasole cigs producer (27-01-2012) dismisses 10% of staff 
18. Nanosolar producer cigs (27-01-2012) odd staff resignations 
19. Qcells: saved last min from  (3-2012) from bankruptcy. News at the  end of April
20. Sharp: closes factory (28-3-2012) 
21. Conergy (announcement by CEO that they are not into bankruptcy!)
22. First Solar (April 2012, dramatic cuts:30% of its labour force)
23. Rec (terminate of 3 wafer factories in Norway, selling a 6 MW project owned 100% in Germany)
24.  Phoenix solar (11-5-2012)

B. Solar companies that went  bankrupt or have filed for bankruptcy or insolvency:

1.     Spectrawatt Inc. of Hopewell Junction, N.Y.,
2.     Evergreen Solar Inc. of Marlboro
3.     Blue chip Energy (Aystralia - end July 2011)
4.     Solyndra (US, 2011)
5.     Stirling Energy Systems (28/9/2011 America)
6.     Veacon power (America-end October 2011)
7.     KLT (Greece 12.07.2011, Article 99)
8.     Solon (16.12.2011 Germany, defaulted-Insolvency- but acquired by Indian Arabic co on 2-3 - 2012)
9.     Solar Milenium AG (Germany 22 -12-2011, Insolvency-inability to pay)
10.     Sunconcept (Germany 09.02.2012, insolvent)
11.     Scheuten (Germany 03.01.2012, insolvent)
12.     Ralos New Energies (Germany ,29-2-2012, insolvent)
13.     Sun Technology (France, 03.08.2012)
14.     Solarhybrid AG (Germany, manufacturing, 03/21/2012, insolvent)
15.     Evasol (France 30.03.2012, insolvent)
16.     Odersun AG (Germany 29.03.2012, insolvent)
17.     QCELLS (Germany 03.04.2012, insolvent)
18.     Solar Trust (USA, 02.04.2012)
19.     Nuon Helianthos BV (Holland, 09/04/2012) manufacturer Leto cell membrane
20.     Soltecture (Germany, thin film production 10-5-2012, insolvency)
21.     Sovelo (14-5-2012 rumors for insolvency)

 C.  Leaving the Market : sell or just leave business.  

1. BP SOLAR (21-12-2011, International)
2.   Top Green Energy (26-12-2011 - Taivan fotovolaika cells) 
3. Oerlikon Group (5-3-2012, sells the thin film in Japanese)
4.