The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.
The photovoltaic installation company is struggling with the current difficult market situation. A solution for its continuation is now being sought.
The move follows failed efforts at Intersolar to find an investor or buyer. The manufacturer of micro inverters filed for insolvency right at the end of the trade fair.
Italy’s Fimer has launched proceedings to restructure its debt and is now ready to restart production.
With the opening of insolvency proceedings, the business operations of the company were halted days ago. No potential investor could be found to take over the business.
The electronics manufacturer has a 130 MW capacity module production facility.
The Dutch PV manufacturer plans to start production this year after a last-minute rescue package arrived as the company’s equipment was being auctioned off.
Chinese thin film manufacturer Hanergy told pv magazine in August the manufacturing division of Solibro had ceased to be one of its subsidiaries in December 2015 but a company presentation issued six months later would appear to indicate otherwise. Hanergy has been approached for comment.
Insolvency proceedings have been opened against the assets of the German thin-film solar manufacturer. A proposed reorganization failed because investors did not provide sufficient capital. Some 180 employees will lose their jobs.
Solibro GmbH is expected to make the move this month, according to a German media report. The company has yet to publicly confirm the move.
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