Chinese Aikosolar acquires Scheuten Solar

Liquidator sells Scheuten Solar essential components to Asian investor.Image: Scheuten Solar

Scheuten Solar has been sold to Chinese investor Aikosolar, which is celebrating its “comeback” at Intersolar Europe. Aikosolar, a solar cell manufacturer and also owner of Powerway Renewable Energy, has taken over Scheuten’s essential components. The combination of Scheuten Solar’s portfolio, 10 years of experience and Aikosolar’s financial strength as well as Powerway Renewable Energy’s EPC experience propose a positive outlook for the future, company representatives stated. Financial details of the deal were not disclosed.

"Scheuten Solar's partnership with their ideal partner shows synergistic effects that produce an efficient provider of solar solutions for both the customer sales and project solutions," said Perry Verberne, CCO of Scheuten.