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Meyer Burger’s German Subsidiaries Enter Insolvency, Affecting 600 Employees

Securing short-term wage funding will be crucial for employees at both German manufacturing sites.

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Ein Mann räumt Solarzellen in eine Kiste
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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.