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Solara takes over Centrosolar’s off-grid division

Tue, 09/16/2014 - 16:06 -- Laura Varriale
Centrosolar modules

Solara now owns the stand-alone unit’s customer and supplier structure as well as all international and European rights to the Solara brand, PV-Tech reports.

"Our goal is to develop the areas of mobile and stationary applications nationally and internationally, as well as expand the existing battery and micro systems business for single and multi-family households in the domestic market," said Frank Heise, one of Solara’s founders.

"The acquisition of the Stand Alone System division ensures the survival of the very well-known brand Solara, particularly in the leisure segment, and we can also focus on other business fields in Germany that are independent of subsidies," Heise added.

The modules are mainly used on boats and motorhomes as well as for rural electrification in developing countries.

Centrosolar employees Frank Heise, Walther Grauerholz and Mirko Held founded Solara in August this year and offers mini grid and backup systems for the solar sector.

Centrosolar has initially filed for bankruptcy, but withdrew the proposed insolvency plan on September 14. Due to conflicts of interest among the creditors, the plan cannot be implemented in the short term. The company group also has a US branch that sells solar modules for residential homes and is not affected in the recent troubles.