Retiree Frank Deni wanted to cut expenses at his California home in 2023 by installing solar panels. He chose SunPower Corp., ...
SunPower Corporation, a residential solar installation company, has faced significant liquidity issues and financial reporting errors, which led to its Chapter 11 bankruptcy filing. The company has ...
Solar services company Sunnova Energy announced it would cut 300 jobs to reduce costs and streamline its operations. The 300 layoffs are mostly in its ...
Sunnova said the job cuts are part of “an optimisation of its business" and the cuts will save around US$35 million.
But after the bankruptcy in August of the 40-year old US firm Sunpower – which both produced panels and installed solar systems – several major solar equities racked up hefty losses in 2024 ...
SunPower Corp., a solar energy company, filed for bankruptcy and entered into an agreement to sell part of the assets of Complete Solaria, Inc. This is reported in a SunPower press release. As part of ...
has determined Complete Solar to be the prevailing bidder for the assets of SunPower pursuant to the Asset Purchase Agreement previously filed with the Bankruptcy Court. Accordingly, subject to ...
HASI also carries counterparty risk, as reflected by the SunPower bankruptcy. However, it’s worth mentioning that the SunPower assets were successfully transitioned to a new partner through the ...
A great example is the SunPower bankruptcy, while an unfortunate event, our SunStrong platform assumed the SunPower servicing business and we are excited about the growth prospects of this business.
As a result, over half a million Americans filed for bankruptcy last year alone, an uptick of over 16% compared to the year prior. That year-over-year uptick in bankruptcy filings highlights the ...