Solon announced the start of insolvency proceedings in Berlin for its Solon Modules GmbH and Solon Energy GmbH subsidiaries.
The move came as the company appointed Rolando Gennari as its new European head, with a remit to reposition Solon “as a leading player on the continent”.
UAE-based Microsol bought Solon – one of the pioneers of the German solar industry – in 2012 after the latter went bankrupt.
Microsol
