Meyer Burger to Delay Results as Two Units File for Insolvency

A worker performs quality control on the production line for solar modules at the Meyer Burger Technology AG plant in Freiberg, Germany.

Photographer: Sebastian Kahnert/picture alliance/Getty Images

Struggling solar-module manufacturer Meyer Burger Technology AG requested an extension of the deadline to present its 2024 financial results after its German units filed for insolvency proceedings.

Efforts to keep the sites open during restructuring negotiations were unsuccessful, the Switzerland-listed company said in a statementBloomberg Terminal on Saturday.