Bankruptcy

Heritage Global Partners will auction off the thin film PV maker’s tools from its research & development facility in Silicon Valley on May 30-31.

The ruling follows on bankruptcy court approval of SQN’s request to sell off its share of Suniva’s tools and assets, in what may be the bitter end of Suniva as a cell maker.

The solar mounting systems maker’s U.S. division has filed for bankruptcy, one month after the German parent company filed for insolvency.

Tools that Suniva used to manufacture solar cells will now be sold off, limiting the possibility for the company to re-emerge as a cell maker.

FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.

ViZn has laid off all of its employees and ceased operations, as the latest in a series of closures and bankruptcies for makers of alternative battery technologies.

Former Level Solar CEO Richard Keiser has filed a motion for the company’s Chapter 11 bankruptcy to be converted to a Chapter 7 liquidation, in a web of accusations and counter-accusations.

Employees of the now-defunct New York solar installer say the company terminated them without the 90 days notice required by New York law.

The long and tragic collapse of SunEdison has finally come to an end, and Brookfield now owns both of its former yeildcos.

The Chinese PV maker and developer has made a statement regarding the bankruptcy of U.S. subsidiary ET Solar Inc.