The Wörrstadt-based company willalso completely pull out of Spain, where it was active in the solar sector.

Juwi said it will give up severalbusiness areas that it could only firmly establish in the market with a veryhigh financial effort.

Among them are battery-storagesystem services for home owners, and the provision of own solar mountingsystems to clients, a Juwi official told Recharge.

“A year after the reorganisationof the group, we have made many positive experiences with the new structure,but we have also learned that not all is perfect yet,” Juwi’s founders FredJung and Matthias Willenbacher, said in a joint statement.

Juwi