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Bankruptcy

Sungevity, once a residential solar installer of note, is auctioning its assets

The now former company has laid off its remaining staff, locked its offices and left dozens of customers, sub-contractors and former employees asking what comes next.

Equipment auction sounds the final note for Hanergy-owned Alta Devices, high-efficiency PV pioneer

If you’re interested in some lightly-used MOCVD and PVD thin-film solar cell production equipment, have we got a deal for you.

SunPower survived shutdowns for a strong Q2

While supply chain and manufacturing disruptions will lead to shipping decreases in Q3, the measures that SunPower took prior to Covid’s disruption allowed for a strong quarter, with the company experiencing increases in installations and demand.

Post bankruptcy, Crescent Dunes CSP plant owner wants project back online by year’s end

This bankruptcy comes with a political edge — because the startup received $737 million in a U.S. federal loan guarantee as part of the 2009 stimulus package — during the Obama administration.

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VC investment in storage, smart grid and energy efficiency is down significantly in 2020

A new report shows that both venture capital and total corporate funding to the three sectors are down, driven by battery storage funding failing to compare to a record-setting 2019.

Morning Brief: The long, sad story of Stion has ended, RMI launches climate-aligned finance group

Also in the brief: Florida Power & Light quietly reduces solar commitment, and new MWT BIPV from Sunport Power.

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PetersenDean, a regional solar installer and roofer, seeks chapter 11 bankruptcy protection

PetersenDean came to solar from the roofing world and has long been a top-ten U.S. solar installer with a multi-state regional practice.

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Morning Brief: FERC denies MOPR review, Tesla’s longest-range Model S now goes 402 miles

Also in the brief: Community solar for Covid recovery, flaring wasted $750 million of natural gas, and coal’s descent.

Morning brief: Solar on the family farm, LIPA shutting down steam, PG&E emerging from bankruptcy

Also in the brief: product announcements from GAF Energy, REsurety and Point Load Power.

Glasspoint, a Shell-funded solar enhanced-oil-recovery startup, is in liquidation

Glasspoint received more than $130M in VC from Oman’s sovereign wealth fund, along with the venture arm of Royal Dutch Shell. The plan was to use concentrated solar arrays housed in glass greenhouses to produce steam at gigawatt scale instead of natural gas for EOR.

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