Sharp Corp, deeply in the red, has recently announced that it will cut almost 11,000 jobs (or 18% of its workforce) around the World, and sell many assets. The asset sale may include Recurrent Energy that it bought in 2010 for $305 Million. Rumor has it that Sharp hopes to get $312 Million for Recurrent Energy. Recurrent is itself in good financial
URL: http://www.renewableenergyworld.com/rea/blog/post/2012/10/recurrent-energy-continues-us-hires-despite-trouble-at-parent-sharp?cmpid=rss
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