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German Renewable Energy Company Announces Insolvency: “Victim Of Changed Feed-In Act Conditions”

Last Wednesday Seva Energie AG, located at the north German Ecopark in Emstek, announced insolvency. According to company 160 employees are affected. The news is the latest blow to the German renewable energy sector, which has seen a long string of similar insolvencies due to reduced subsidies and strong competition from abroad. Seva Energie is specialized in […]

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