Solarnative files for insolvency proceedings
- Admin
- Jun 25, 2024
- 1 min read
Solarnative, a company based in Germany, participated in the Intersolar Europe trade fair last week. They accelerated the search for a financier but eventually filed for insolvency proceedings due to the inability to secure new financing. The company focused on producing microinverters with innovative technology but failed to meet expected sales figures despite issuing a bond for further growth.
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