Danish household wind turbine manufacturer in partial bankruptcy

Despite Solid Production's promising prospects on the Japanese market, the manufacturer of small wind turbines is now obliged to file for partial bankruptcy. Lacking certificates in Japan get the blame.

Photo: /ritzau/DALUM ASTRID/

The potential export boom to the Japanese market has now turned to into a solid downturn for the Danish company Solid Group. The producer informs in a press statement Thursday afternoon that it has applied to a Danish court for partial bankruptcy protection.

The bankruptcy filing specifically pertains the group's division Solid Production. Company divisions Solid Wind Power and Solid Energy will, according to the group, continue unencumbered by the legal proceedings. The firm informs that it is in talks with new investors for Solid Productions but does not reveal how far these negotiations have thus far progressed.

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