Swiss solar module manufacturer Meyer Burger is requesting creditor protection in the USA

Swiss solar module manufacturer Meyer Burger is requesting creditor protection in the USA

In a moving year for the solar industry, the Swiss solar module manufacturer Meyer Burger applied for creditor protection in the USA on June 26, 2025. The step, which took place at the insolvency court in Delaware in the form of a "Chapter 11" application, does not aim at a liquidation on a comprehensive restructuring of the company. This was confirmed by a company spokeswoman who emphasized the intention to renovate the company and not to register bankruptcy, as

The company has been faced with considerable financial challenges for several years, some of which have arisen due to the grown competition from China. In particular, Meyer Burger has already hired the production of solar modules in the USA and had to terminate 282 employees. These decisions were made, while in Germany preliminary insolvency proceedings have been opened for the subsidiaries since the beginning of June 2025, as well as the Augsburger General emphasized.

background and challenges

The comprehensive problem in the solar industry is underlined by a massive bankruptcy wave. The demand for renewable energies is stagnating and many companies are fighting for survival. Projects are often either deleted or postponed due to economic uncertainties and high energy prices. Meyer Burger's difficulties are not the only ones; Numerous bankruptcies were registered in the industry in 2024. Prominent names such as special suns and Envoltec also had to throw the towel, which further tightened the critical location in this sector, as Bitterfeld-Wolfen in Saxony-Anhalt have not yet been fulfilled. These developments could have far -reaching consequences for the entire industry and once again show that the path to a stable future for renewable energies is full of stumbling blocks.