In its announcement, the company cited “business conditions in [its] part of the solar industry” as the reason for the closure, making it the second Oregon solar company to announce a closure in the past month.
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.
Ulbrich Solar Technologies, a longtime supplier for the struggling module supplier, closed the doors on its plant in Hillsboro, Ore., citing fierce foreign module competition as the reason.
Despite the significant amount of solar near the path of the solar eclipse, grid experts do not expect the 90-minute event to create reliability issues.
Almost three months after announcing provisional insolvency proceedings, the German module maker has now entered the insolvency process. The company is currently negotiating with a potential investor for the takeover of its two German production sites.
South Carolina and Pennsylvania also saw significant increases in solar permits granted, but California and Colorado both dropped by nearly 30%, according to the latest OhmHome report.
The Oregon-based panel manufacturer launched the SolarWorld Assurance Warranty Protection Program for residential and commercial customers, designed to take effect if the original factory coverage could no longer be supported.
The U.S. arm of the troubled solar power company can expect to receive a $6 million infusion of cash from its lenders, which have also permitted the sale of non-operational assets.
Despite the best efforts of the Oregon Solar Energy Industries Association, the Residential Energy Tax Credit will sunset with no immediate replacement in place, in part because of improprieties at the state’s Department of Energy.
Regulators in the Northwest state have approved rules for participation in the state’s community solar program, however advocates stress that there is more work to be done.
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