We use cookies to improve your experience and for marketing. Read our cookie policy Manage cookies
Search across reports, market insights, and blog stories.
Next2Sun, a German company specializing in vertical PV technology, has initiated self-administered insolvency proceedings for two entities in its corporate group at the Saarbrucken Local Court in Germany, following a fundraising effort that did not succeed.
The filings cover Next2Sun Technology GmbH and Next2Sun Mounting Systems GmbH, while Next2Sun AG and Next2Sun Projekt GmbH remain outside the proceedings. The Dillingen-based firm stated that all ongoing project development work at Next2Sun Projekt GmbH will carry on, and that the project companies running completed agrivoltaic installations are unaffected by the insolvency filings.
Operations at the two impacted subsidiaries will proceed for now. According to the company, current projects are under review for economic viability and will move forward wherever feasible.
Next2Sun said it will keep looking for investors as part of its restructuring, aiming to save as many jobs as possible and preserve the group’s technical know-how.
The Next2Sun Group has roughly 140 employees across Germany, Austria, Poland and Japan. It has finished over 60 MW of PV projects.
In September, Next2Sun began a share offering intended to raise EUR5 million, or $5.6 million. By month’s end, the company said it had obtained enough investment commitments to reach its target, though these were still subject to verification.
In early October, however, Next2Sun concluded that the commitments were not binding enough to supply the capital required to secure its medium-term operations. Consequently, the company has scrapped the share offering and will not take funds from prospective investors, as previously announced.
Heiko Hildebrandt, a member of Next2Sun’s management board, said the past few weeks had shown strong backing for the company’s vision of combining agriculture and solar energy sustainably, and he expressed thanks to all supporters. He added that while the needed funding level could not be achieved, the company will make every effort to grasp available opportunities to keep operating and restructure.
Interactive table based on the Store Companies dataset for this report.
Report Scope and Analytical Framing
Concise View of Market Direction
Market Size, Growth and Scenario Framing
Commercial and Technical Scope
How the Market Splits Into Decision-Relevant Buckets
Where Demand Comes From and How It Behaves
Supply Footprint and Value Capture
Trade Flows and External Dependence
Price Formation and Revenue Logic
Who Wins and Why
How the Domestic Market Works
Commercial Entry and Scaling Priorities
Where the Best Expansion Logic Sits
Leading Players and Strategic Archetypes
How the Report Was Built
Major component supplier
Global lighting leader, now part of ams OSRAM
Multinational, key HQ in Munich
Specializes in multi-junction solar cells for space
Organic photovoltaic (OPV) films
EWE research institute for energy tech
Measurement equipment & research, German ops
In-situ metrology for production
MOCVD systems producer
Laser systems for production
Wet processing and texturing systems
Furnace and diffusion systems
Vacuum coating machines
Vacuum coating systems
Vacuum and crystal growing systems
Handling and automation solutions
Laser micromachining systems
Sputtering and evaporation systems
Research and testing services
Surface vision inspection
Precision optics for LEDs
Diode laser systems
PMMA optics and resins
Polysilicon and polymeric materials
Business unit of Heraeus
High-performance OLED emitters
Silicon wafers for electronics & PV
Power electronics for lighting & PV
Polycarbonates and coatings
System technology, not cell production
Tell us where to send the sample and whether you want this report customized.
Thank you. Our team will review your request and reply to your business email.
Our team will review your request and route it to support@indexbox.io.
IndexBox, Inc.
2093 Philadelphia Pike #1441
Claymont, DE 19703, USA
Contact us
© 2026 IndexBox, Inc
Instant access. No credit card needed.
Online access to 2M+ reports, dashboards, and tables. Trusted by Fortune 500 teams.
Free Data: Solar Cells and Light-Emitting Diodes — Germany
Instant access. No credit card needed.

source