Next2Sun is seeking fresh capital to expand its vertical bifacial Agri-PV technology
The company says demand for its dual-use solar solutions is rising, but financing conditions remain difficult
Delayed agri-PV subsidy approvals and cautious investor and bank sentiment have strained its finances, stated the management
German vertical agrivoltaics specialist Next2Sun GmbH is seeking additional capital to “ensure its continued existence” as it faces financial pressure despite a “strong” project pipeline and viable technology for the market, stated the management.
Next2Sun said delayed subsidy approvals for agri-PV and a cautious financing environment where in investors and banks are reluctant to finance renewable energy projects, have strained its finances. It further cites a widening gap between strong demand for its vertical bifacial solar technology and limited access to growth financing.
The company said its technology is in “higher demand than ever”, but challenging capital market conditions have created significant pressure on its ability to continue scaling operations.
Next2Sun develops vertical solar PV systems on agricultural land, installing bifacial solar modules in a north-south orientation. It claims this technology generates above-average electricity in morning and evening hours when feed-in from conventional ground-mounted systems is lower, while land remains available for agricultural use.
“We have the product the market needs today. Our projects are economically viable, grid-friendly, and technically proven. We have the expertise and the project infrastructure to implement them successfully. What we need now is financing,” said Heiko Hildebrandt, CEO of Next2Sun.
In August 2026, the German company launched a share offering of up to €5 million to finance its growth (see Europe Solar PV News Snippets). However, it has only been able to reach ‘a fraction’ of the targeted volume.
According to the management, institutional financing is not available in the current market environment, hence it is now targeting private investors who can support with a minimum subscription amount of €600. It will accept the funds only if the financing volume reaches a level that ensures viable business development, it adds. The subscription period ends on September 25, 2026.
Hildebrandt warned that capital shortages could undermine companies with proven renewable energy solutions, despite strong market demand. "If we cannot raise sufficient capital in the coming days, the Next2Sun chapter will come to an end," stated the company.
Next2Sun’s investment appeal comes amid a series of recent insolvency developments in Germany’s solar sector, including cases involving ENERPARC and BSH GmbH & Co. KG (see Solar Installer BSH GmbH & Co. KG Files For Insolvency).
