SolarMax to file for insolvency

Friday, 28 November, 2014

PV inverter manufacturer SolarMax will see its mother company Sputnik Engineering AG file for insolvency.

A letter sent by SolarMax said, “The management has tried and studied all possible alternatives, but unfortunately no solution could be found. The employees have been informed this morning and will stop working today until further notice.

“All services, including hotline, deliveries, field services, exchanges etc will be suspended with immediate effect until further notice.”

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