Restructuring in the solar industry: from the growth trap to stability
After years of dynamic growth, the solar industry is going through a phase of market consolidation. Declining demand in the end-customer segment, project backlogs, rising costs and increasing price competition are putting many companies under economic pressure.
Installation businesses that have grown quickly, regional providers and start-ups are particularly affected. The combination of advance expenditure, tight liquidity and a lack of market adaptation often leads to critical situations, up to and including illiquidity (inability to pay debts as they fall due, Sec. 17 InsO).
The Worstbrock-Group accompanies companies in the solar industry in operational stabilisation, in Eigenverwaltung proceedings (debtor-in-possession management under Sections 270 et seq. of the German Insolvency Code) and in strategic realignment, with one clear aim: to create structure, secure liquidity and develop viable prospects.
Immediate support and crisis management
- Analysis of liquidity, order situation and operating cost structure
- Immediate measures for relief in the event of a collapse in revenue and resource shortages
- Negotiations with suppliers, lessors and financing partners
- Support with insolvency filings or Schutzschirmverfahren (protective shield proceedings under Section 270d of the German Insolvency Code)
Restructuring & Eigenverwaltung
- Restructuring concept in accordance with IDW S 6 (the German standard for restructuring concepts issued by the Institute of Public Auditors) to secure the continuation of the business and for communication with creditors
- Support for Eigenverwaltung proceedings under ESUG (the German act facilitating the restructuring of companies), with operational management
- Structuring of personnel, purchasing and project handling
- Focus on stable target markets and profitable business models
Strategic realignment
- Restructuring under StaRUG (the German Act on the Stabilisation and Restructuring Framework for Businesses) in the case of imminent illiquidity (a threat to the ability to pay debts as they fall due, Sec. 18 InsO)
- Advice on reorientation towards commercial customers, industrial plants and project development
- Support with investments, partial sales or succession
- Optimisation of internal processes and digital structures
We know the dynamics of the solar market, with its opportunities and risks. In an environment of competition, falling prices and overcapacity, a clear concept for stabilisation is needed. We provide the structure for it, with experience, a sense of proportion and the ability to implement.
Use your room for manoeuvre before the market decides who can survive.
We develop a realistic way out of the crisis with you: well-founded, solution-oriented and suited to the needs of mid-sized companies.
