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Mar 7th, 2012
Microsol acquires key assets of SOLON and forms SOLON energy GmbH
Microsol, an United Arab Emirates (UAE) based cell manufacturer, has acquired essential components of SOLONís insolvent companies together with two foreign subsidiaries.
With the recently established SOLON Energy GmbH, as the core of the new group, an integrated solar-system provider has been set up that has a strong presence in the leading and emerging photovoltaic markets. About 600 jobs worldwide have been transferred from the insolvent SOLON SE (including subsidiaries) to the new SOLON Energy GmbH and the other affiliates. The main sites in Berlin-Adlershof (Germany), Tucson (USA) and Carmignano di Brenta (Italy) will be maintained. The purchase price was not disclosed by the contract partners; an approval by Italian authorities is still pending.
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