Germany’s Hawi announces insolvency


According to an official notice yesterday, Wednesday March 6, Hawi has submitted an application to open insolvency proceedings. The photovoltaic wholesaler filed the application on Monday, reports Germany’s Passauer Neuen Presse. Lawyer Jochen Zaremba has been appointed provisional administrator by the local court in Landshut.

The newspaper adds that around 100 employees, more than half of which are located at Hawi’s headquarters in Eggenfelden, have been affected by the insolvency. Zaremba is expected to make a decision regarding continued business operations in the coming days, says company founder, Johann Wimmer.

From his perspective, the rapidly decrease photovoltaic module prices and sudden fall in demand for modules in Italy and France, are responsible for the company’s current position.

Hawi has offices in Germany, France, Italy and Greece. As a wholesaler, the company offers components for grid-connected and stand-alone photovoltaic systems, and storage solutions.

Translated by Becky Beetz.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:

Popular content

German authorities arrest Solar Fabrik CEO

18 July 2024 The German police have arrested Christian Laibacher, the CEO of German solar manufacturer Solarfabrik, in relation to an investigation by the Würzburg...


Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.