Reinhard Wecker, the former founder and CEO of insolvent module manufacturer, Asola Solarpower GmbH has acquired Asola Automotive Solar Germany GmbH and Asola Quantum Solarpower GmbH, the BIPV division of Asola. Financial details were not disclosed.
Wecker’s new company, A2-Solar Advanced and Automotive Solar Systems GmbH is said to be focused on integrated PV solutions in automotive vehicles, having previously developed the solar roof system for the failed Fisker Karma sports car.
A2-Solar said that it had secured an unidentified ‘German partner’ to support the business opportunities in the automotive industry around the world for its integrated solar cell product.
The company also noted that it had received interest form potential customers over re-starting large-format standard PV modules.
Both Asola subsidiaries have successfully ended insolvency proceedings with their acquisition.