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Sunways sells MHH Solartechnik and agrees JV with BayWa(29 Oct 2009 08:25:00 EDT)German solar cells and photovoltaic systems supplier Sunways AG reported on Wednesday that it has divested its stake in MHH Solartechnik GmbH for approximately EUR15m to EUR20m. The final purchase price will depend on certain performance criteria. Sunways has sold all its shares in MHH Solartechnik to BayWa Green Energy GmbH, a subsidiary of BayWa AG, effective as of 31 December 2009.
