Sungrade Photovoltaik GmbH has filed for insolvency, citing supply chain issues and market pressures
Under insolvency administration, it continues full operations, securing salaries for 26 employees for now
Insolvency administrator said it is examining all options to continue Sungrade’s business operations and will hold discussions with potential investors
German installer and solar systems provider Sungrade Photovoltaik GmbH has filed for insolvency, citing material and supplier issues, increasing price pressures, and fluctuating market conditions.
The Neu-Ulm District Court has appointed Florian Zistler of the law firm PLUTA Rechtsanwalts GmbH as the provisional insolvency administrator.
Under this arrangement, Sungrade’s business operations will continue at full capacity and fulfill existing orders. Insolvency benefits ensure that its 26 employees will have their 3 months’ salaries secured.
Based in Günzburg, Bavaria, Sungrade provides installation and service support for solar systems, battery storage systems, wallboxes, and cloud technology. Part of German energy producer EnBW group, Sungrade counts to have installed around 3,000 solar PV systems over the last decade.
Market conditions in Germany, even in the larger European Union (EU), have been challenging for solar PV companies as they face price decline for solar PV products against competitively priced Chinese products. Installers are also seeing a drop in demand for clean energy solutions in the distributed generation segment as post-energy crisis electricity prices stabilize.
Earlier this year, solar systems supplier zolar entered self-administration following insolvency proceedings announced by solar companies like Adler, ESS Kempfle, Fellensiek, and Bosswerk for similar reasons (see Germany’s zolar Turns To Self-Administration Amid Market Headwinds).
Even in PV production, the situation isn’t any better. Once the hope of Germany’s, rather Europe’s, domestic solar industrial revival, Meyer Burger is being sold in chunks. European solar glass manufacturer GMB Glasmanufaktur Brandenburg also filed for insolvency in July 2025 (see Europe’s ‘Last’ Solar Glass Manufacturer Files For Insolvency).
As for Sungrade, its Managing Directors Stefan Sommerer-Wagner and Ralf Prestin said, “The decision to file for insolvency was not an easy one for us, but there is no alternative. We hope that a sustainable solution is possible.”
For now, the insolvency administrator said it is examining all options to continue Sungrade’s business operations. It will also hold discussions with potential investors in the coming weeks.