Soltecture opens insolvency proceedings

Facebook
Twitter
LinkedIn
Reddit
Email

Having made a few leaps in the last six months alone with a TÜV safety certification in September, announced the production of its first 100MW thin-film modules and partnering with altPOWER for future US-based BIPV projects, executive management of Soltecture have applied to open insolvency proceedings. Having extensively explored new financing options, including rebranding and restructuring initiatives towards the end of last year, the company has stated it saw no other viable option for averting the company’s impending insolvency at the present time.

The company blames a high surplus capacity on the market leading to a drop in solar module prices, which – despite the company’s greatest efforts to further reduce costs – could not be compensated.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Hartwig Albers, from Brinkmann & Partner, has been appointed by the insolvency court in Berlin Charlottenburg as preliminary insolvency administrator. Brinkmann & Partner dealt with business operations at bankrupt PV project and EPC firm, Ralos New Energies last month.

Soltecture is confident that operations can be continued at its headquarters in Adlershof with an industrial investor, claiming it is already at an advanced stage of discussion with prospective partners. Details have not been disclosed.

Dr. Nikolaus Meyer, CEO Soltecture said, “This is a tough day for our company. However, the discussions over the last month make me extremely confident that with our technology we will be able to secure a new, strong partner as a shareholder. We will be working together closely with our insolvency administrator, Mr. Hartwig Albers, to successfully negotiate an agreement with an industrial investor as quickly as possible”.

Once he has gained an overview of the company’s current situation, insolvency administrator, Albers, is expected to prepare the next steps in the preliminary insolvency proceedings.
 

Read Next

October 8, 2025
US solar module prices jumped in Q3 2025 as developers scrambled to meet the 2 September 2025 safe harbour deadline for Investment Tax Credit (ITC) qualification, according to supply chain platform Anza.
October 8, 2025
Despite policy headwinds on the federal level, there is optimism for the future of the US solar and storage sector.
Premium
October 8, 2025
PV Talk: Smart Energy Council's Nigel Morris reflects on how Australia has become a global testbed for distributed solar and storage innovation.
October 8, 2025
Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.
October 8, 2025
University of Sydney scientists have created the largest and most efficient triple-junction perovskite-perovskite-silicon solar cell on record.
Premium
October 8, 2025
The global energy transition will only be 'marginally impacted' by uncertainties in US energy policy, according to Remi Eriksen, CEO of DNV.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK