What happens to a bankrupt PG&E’s solar contracts?
pv magazine USA offers a look into the possibilities regarding one of the biggest questions around PG&E’s bankruptcy announcement.
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.
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.
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.
SolarWorld supplier shutters Oregon factory
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.
American Solar Direct swerves into chapter 7 bankruptcy
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
Squeeze attempt undercuts Suniva’s trade case (FULL LETTER EMBEDDED)
In a shocking and bizarre twist to bankrupt panel manufacturer Suniva’s potentially devastating trade-protection petition, the company’s biggest U.S. creditor told the Chinese that for the right price, it could make the trade complaint disappear.
Solarworld insolvent, provisional administrator named
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. The company’s German subsidiaries have also filed for insolvency.
Big challenges: Raj Prabhu on the SolarWorld insolvency and U.S. solar manufacturing
Today, SolarWorld AG filed for insolvency in Germany, and it is unclear whether or not its U.S. subsidiary will also file. In the following interview, Mercom Capital CEO Raj Prabhu talks about what this means for the U.S. solar industry.
