The solar mounting systems maker’s U.S. division has filed for bankruptcy, one month after the German parent company filed for insolvency.
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.
The long and tragic collapse of SunEdison has finally come to an end, and Brookfield now owns both of its former yeildcos.
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.
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.
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors.
Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. solar manufacturers has filed for bankruptcy.
Four days after laying off an estimated 400 employees, Sungevity has filed for Chapter 11 bankruptcy.
After losing money for the past two years, the saltwater battery storage company couldn’t raise enough new capital to meet its debt obligations, leading to the filing in the U.S. Bankruptcy Court for the District of Delaware yesterday.
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