Solon SE sells Swiss subsidiary to Delta Energy Systems

Solon SE has sold its Swiss subsidiary, Solon Inverters AG, to Delta Energy Systems. The companies have chosen not to disclose the details of the sale, which is the latest stage in Solon SE's plan to concentrate resources on key markets and products.

Stefan Säuberlich, CEO of Solon SE said “Solon Inverters AG possesses a team of outstandingly-skilled, highly-experienced specialists in the field of inverter technology. We are delighted that, in the Delta Electronics Group, the company has found a new owner whose support and direction will open up new opportunities for its workforce and for taking its business forward.”