Coal bankruptcy burns 8Point3 on 20 MW solar power contract
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.
Flow battery maker ViZn Energy closes shop
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 calls for liquidation
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.
Level Solar employees sue over WARN Act violations
Employees of the now-defunct New York solar installer say the company terminated them without the 90 days notice required by New York law.
SunEdison emerges from bankruptcy as Brookfield closes on TerraForm Global
The long and tragic collapse of SunEdison has finally come to an end, and Brookfield now owns both of its former yeildcos.
ET Solar describes “reorganization” of its U.S. module sales business
The Chinese PV maker and developer has made a statement regarding the bankruptcy of U.S. subsidiary ET Solar Inc.
ET Solar Inc. files for bankruptcy
A U.S. module sales subsidiary of the Chinese PV module maker and developer has quietly filed for bankruptcy. Details are sparse, but the company’s U.S. project development and construction subsidiary has not been affected.
Phoenix Solar to file for insolvency in Germany
The construction contractor will start insolvency proceedings at the district court in Munich next week.
Level Solar files for Chapter 11
After bizarrely disappearing off the face of the Earth in September, dropping its website and laying off all its employees, the New York solar installer has filed for bankruptcy.
LONGi, Canadian Solar in talks with Suniva
Reports from the company’s bankruptcy filings indicate conversations with multiple companies that could potentially acquire the bankrupt cell and module maker.
