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Bankruptcy

Amid devastation, Tesla begins restoring power in Puerto Rico

Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.

Thin film PV maker Stion to discontinue operations

The Mississippi-based CIGS manufacturer cites “intense” competition from imports.

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SUNation Solar Systems acquires Level Solar accounts

Almost exactly one month after Level Solar slipped the surly bonds of business and left the solar industry for good, SUNation Solar Systems has been approved by the former company’s board of directors to take over servicing those accounts.

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Suniva secures an additional $3 million in financing

A bankruptcy court has approved the additional loan, which should allow the main creditors of the bankrupt cell and module maker to continue their pursuit the Section 201 case.

Level Solar employees strike back, alleging no WARN-ing in lawsuit

Workers at the New York solar installer that tried to disappear without a peep last week have filed a class action lawsuit against the firm, alleging that it violated the federal Worker Adjustment and Retraining Notification Act (WARN Act)

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Enphase appoints new president/CEO from Cypress Semiconductor

The company has replaced CEO Paul Nahi, who abruptly stepped down a month ago, with an executive from the semiconductor industry

HelioPower emerges from Chapter 11

Six days ago, a judge in Nevada approved the company’s reorganization, saying the company had met all its obligations. The approval gives HelioPower the green light to resume doing business.

Battery maker Alevo files for bankruptcy, lays off 290 in N.C.

Russian-backed firm goes belly up, leaving an old Phillip Morris factory in Concord, N.C., empty and its entire workforce search for answers about why.

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SolarWorld Americas is up for sale

As part of the insolvency process of the U.S. solar cell and panel maker’s parent company, the Oregon factory is now for sale.

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69 legislators pressure USITC to reject trade petition

A bipartisan group of House and Senate members cited the possibility of devastating job losses as the reason to reject the Suniva/SolarWorld Section 201 trade case, one day before the commission hears testimony on the case.

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