The company said its business will continue in an orderly manner and it will continue to meet client requests.
“For the operative units, there are first requests from investors” to be evaluated by the insolvency administrator, Solen CEO Albert Kupfer said.
Solen is the latest German PV company to succumb to its financial difficulties. Late Wednesday, former giant SolarWorld AG announced it expects a record loss after tax of up to €550m ($717m).
German
