The Hague-based Supersola, a cleantech startup that provides plug-and-play solar panels, now has a new owner. The announcement comes four months after the Dutch company was declared bankrupt by the court in The Hague in 2024.
Founded by Julius Smith, Supersola offers a self-developed and produced solar panel that is immediately ready for use. Known for its ease of use, the company saw significant growth in 2023, generating €1.6M in revenue.
However, the solar market struggled in 2024 due to uncertainty over the future of feed-in tariffs and net metering, according to the report.
Also, Supersola’s panels, which produce 350 watts, fell under a European exception. Despite the product’s uniqueness, sales dwindled to only a…