Suche
Mein Konto
Swiss solar module manufacturer Meyer Burger applies for bankruptcy protection in the USA
Meyer Burger files for Chapter 11 in the USA for corporate restructuring, while subsidiaries in Germany are insolvent.
Swiss solar module manufacturer Meyer Burger applies for bankruptcy protection in the USA
In an eventful year for the solar industry, the Swiss solar module manufacturer Meyer Burger filed for bankruptcy protection in the USA on June 26, 2025. The move, which came in the form of a Chapter 11 filing in Delaware bankruptcy court, is aimed at a comprehensive restructuring of the company, not a liquidation. This was confirmed by a company spokeswoman, who emphasized the intention to restructure the company and not to declare bankruptcy Mercury reported.
The company has been facing significant financial challenges for several years, in part due to increased competition from China. In particular, Meyer Burger has already stopped producing solar modules in the USA and had to lay off 282 employees. These decisions were made at the same time that preliminary insolvency proceedings were opened in Germany for the subsidiaries since the beginning of June 2025, as well as the Augsburger Allgemeine highlights.
Background and challenges
The extensive problem in the solar industry is underlined by a massive wave of bankruptcies. Demand for renewable energy is stagnating and many companies are struggling to survive. Projects are often either canceled or postponed due to economic uncertainty and high energy prices. Meyer Burger's difficulties are not the only ones; In 2024, numerous bankruptcies were registered in the industry. Prominent names such as Eigensonne and Envoltec also had to throw in the towel, further exacerbating the critical situation in this sector Blackout News reported.
With a bag of estimated liabilities between $500 million and $1 billion, Meyer Burger finds itself forced into the container ship, with assets that are only between $100 million and $500 million. The initial hopes of setting up production in the USA and exporting solar cells from Bitterfeld-Wolfen in Saxony-Anhalt have not yet been fulfilled. These developments could have far-reaching consequences for the entire industry and show once again that the path to a stable future for renewable energies is full of stumbling blocks.