Hamburg's Einhorn 1 -KomMA5grad: Production of solar modules in danger!

Hamburg's Einhorn 1 -KomMA5grad: Production of solar modules in danger!

The Hamburg Energy Start-up 1-KomMA5grad has announced that the production of solar modules in Germany was postponed indefinitely. CEO Philipp Schröder said that the plans for the construction of a domestic factory for photovoltaic modules were currently off the table. One of the main reasons for this are the high energy and wage costs in Germany that make competitive production impossible.

As early as October 2023, 1 KomMA5grad had announced that it would build solar modulence in East Germany from 2024. This factory should be able to produce photovoltaic modules with a total output of a gigawatt every year, with the long -term goal of reaching five gigawatts by 2030. The required polysilicon for the solar cells is to be obtained from Germany, while the modules themselves are manufactured in China. 1komMA5grad plans to offer the modules under their own brand names. In addition, the company's IPO was also postponed.

background information on the company

1komMA5grad is the only Hamburg “unicorn” with an evaluation of at least one billion US dollars. The company, founded in 2021, offers a variety of products, including photovoltaic modules, power storage, heat pumps, charging stations and software for electricity trading. The company currently employs around 2500 people, which include installers and distributors.

Additional details on the production strategy of 1komMA5grad were in a report of the Spiegels listed, in which the challenges of production in Germany are also dealt with.