Skip to content

Bankruptcy

Residential solar company Freedom Forever files chapter 11 bankruptcy

Filings from the company, reportedly the second-largest residential solar installer in the U.S. in 2025, indicate it owes more than $500 million to its creditors compared to assets of between $100 million and $500 million.

10

Maxeon filing reveals the company has applied for restructuring in Singapore court

Company statements in the filing indicate it will seek an arrangement between itself and creditors that may allow it to survive “as a going concern.”

Amazon acquires 1.2 GW Sunstone solar project from bankrupt Pine Gate Renewables

A federal judge approved the asset sale this week following a bankruptcy auction for the Oregon solar and storage site.

Residential solar installer Posigen files for bankruptcy

The company ceased most of its operations in August and officially filed Chapter 11 bankruptcy protection in late November.

2

Utility-scale solar developer Pine Gate Renewables files for bankruptcy

Pine Gate’s operations are expected to continue uninterrupted while the company engages in a competitive sales process.

Solaris acquires Sunnova assets, puts SunStrong in control of legacy systems

SunStrong said it is now among the largest residential solar asset managers now that it is in charge of Sunnova’s assets and operations.

2

FlexGen to acquire assets from bankrupt rival Powin Energy

After Powin’s filing for Chapter 11 bankruptcy earlier this summer, the courts approved FlexGen’s bid to purchase Powin’s software, hardware and information technology systems.

Bankrupt Sunnova to sell solar servicing platform to Omnidian for $7 million

Omnidian would take over management of many of the bankrupt residential solar company’s existing customers should the stalking horse sale close.

Solar companies adapt in changing times

pv magazine USA spoke with Solar Insure’s Dean Chiaravallotti who shared his thoughts on ways in which solar businesses can adapt, innovate and be strategic.

Residential solar expected to grow 9% annually through 2030

 U.S. Solar Market Insight Q2 2025 report sees great potential in the residential solar market despite current challenges including the tariff effect on supply chain, potential elimination of tax credits and continued high interest rates.

Welcome to pv magazine USA. This site uses cookies. Read our policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close