Major South African solar provider stops trading, enters business rescue

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The company has also laid off an undisclosed number of employees.

Solar energy company Hohm Energy has entered business rescue and halted operations due to cash flow challenges and its inability to service existing debts.

Calls to the phone number listed on Hohm Energy’s website are picked up by an answering system that delivers a welcome message and then drops the call. Hohm Energy’s financial troubles may not be surprising to customers who have tried to get service from the company in recent months. “I contacted Hohm, and they arranged for it to be replaced under warranty. I was extremely grateful that only the communications board and Wi-Fi dongle were removed, not the whole inverter,” they said.“This is where things went downhill fast. From the end of March to date, I have had excuse after excuse from Hohm Energy to have the repaired Wi-Fi dongle refitted,” the reader said.

 

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