Overview
- Insolvency administrators have taken control of operations at Thalheim and Hohenstein-Ernstthal and secured funding to cover wages for the next three months.
- The filings by Meyer Burger Industries GmbH and Meyer Burger Germany GmbH follow earlier production halts in the US, including the closure of the Arizona facility with 282 layoffs.
- Ongoing restructuring negotiations are under way to salvage parts of the German sites or attract buyers and preserve local manufacturing capacity.
- Meyer Burger’s shift from Freiberg to the US in early 2024 failed to stabilize the company as US tax credit changes and import tariffs weighed on production.
- The insolvencies underscore broader pressure on European solar manufacturing from state-supported Chinese competitors and inconsistent energy policies.