Autarq GmbH Files for Insolvency, Future Uncertain
Autarq GmbH, a solar roof tile producer based in Prenzlau, Brandenburg, has faced insolvency. The company, founded in 2012 by Cornelius Paul, employed around 85 people at its peak. The insolvency administrator has filed a lack of assets, indicating insufficient funds to cover proceedings' costs.
Autarq's insolvency proceedings continue in a limited form, with the Federal Employment Agency covering employees' wages through Social Security Administration (ssa) benefits. Despite this, the continuation of the company or its takeover by an investor is considered unlikely given the current circumstances.
The insolvency administrator has filed a lack of assets with the Berlin-Charlottenburg Local Court. While there have been searches for a company receiving an innovation grant this year to finance the connection of solar systems with storage systems, no specific company could be identified from the available data.
Autarq GmbH's insolvency leaves its future uncertain. With no specific company identified as receiving the innovation grant, the path forward for solar storage system integration remains unclear. Employees continue to receive benefits through the Social Security Administration, but the prospects for the company's revival or takeover appear bleak.
