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This is an updated list of solar companies that have gone bankrupt or become insolvent. When a solar company goes bankrupt, it can have positive news for the industry. Here's an updated list of (mostly U.S. and EU) companies that have closed, gone bankrupt, become insolvent, ended up in assignment for benefit of creditors, or have been acquired in less than positive circumstances.
There's a list of relatively unknown Chinese solar companies that have closed down, gone bankrupt, or been acquired through fire sales. Here are some of the solar firms that have left the building: If we missed a firm, please, dear reader, let us know, and we'll amend the list.
One more solar company, Concentrator Optics, has gone insolvent. The firm had received investment from Capricorn Venture Partners to build Fresnel lenses for the CPV market. It may be an interesting case to consider when approaching a VC firm with a similar pitch today.
In 2023, the solar industry witnessed a significant number of contractors going out of business, a trend fueled by a confluence of economic and policy-driven factors. Federal Reserve’s Rate Hike: The Federal Reserve raised interest rates to combat inflation, inadvertently affecting the solar sector.
In 2011 and 2012, solar manufacturing overcapacity and price pressure caused a significant number of solar companies to fail. Keeping track of these failures was a full-time job. The solar industry saw fewer failures in 2014, and the attrition rate in 2015 has returned to more mature market levels.
When a solar company goes offline, capacity comes offline, meaning less-efficient companies are closing down. Here's an incomplete list of solar firms that have closed down, either by closure, bankruptcy, or fire-sale acquisition:
There have been other headwinds for the solar industry, namely a policy change in California known as NEM 3.0.This adjustment to net metering rates -- what customers get paid for …
Unfortunately since 2011, the list is long of solar companies that have closed, gone into …
However, despite this growth, many big, national solar installation companies have struggled or even collapsed and gone bankrupt in recent years. Examples include …
Over the past couple of years, local installers such as Western Solar and many of our peers across Washington State have joyfully marked our 20-year anniversaries. Yet, in …
Over the past couple of years, local installers such as Western Solar and many of our peers across Washington State have joyfully marked our 20-year anniversaries. Yet, in 2024 alone, several national solar companies …
As the construction energy industry deals with a significant roadblock in the supply chain, many solar energy contractors are taking a hit.. Four renewable energy and solar contractors around the US ended up in …
This is an updated list of (mostly U.S. and EU) solar companies that have closed, gone bankrupt, become insolvent, ended up in assignment for benefit of creditors, or …
SunPower, a one-time darling of the renewable energy sector, declared bankruptcy earlier this week, leaving other solar companies fighting over its remains.
Over the years, several high-profile solar companies have gone bankrupt, shedding light on the …
Several prominent companies, including large solar installation firms and battery manufacturers, have recently declared bankruptcy. This blog post delves into the reasons …
Higher interest rates have made borrowing more expensive, discouraging consumers from investing in solar energy systems. This drop in …
Distressed solar energy company files Chapter 11 seeking a sale to its bridge lender.
As solar companies go out of business, residents are left with roof panels that don''t work. ... put in the same position when Pink filed for bankruptcy in October 2022. Dozens …
However, despite this growth, many big, national solar installation companies …
Solar companies in the industry have gone out of business. In the solar industry alone, since 2010, over 800 solar companies have left the industry. Nearly one in three solar power …
Here''s an incomplete list of the solar firms that have left the building -- either by closure, …
Unfortunately since 2011, the list is long of solar companies that have closed, gone into bankruptcy protection, received bail out funds (like Solar City now Tesla) or sold at fire sale …
Reading Time: 2 minutes The solar industry in California has experienced several high-profile bankruptcies including one of its largest producers, Petersen Dean. Now, …
Higher interest rates have made borrowing more expensive, discouraging consumers from investing in solar energy systems. This drop in consumer demand hit solar …
Several prominent companies, including large solar installation firms and …
Over the years, several high-profile solar companies have gone bankrupt, shedding light on the challenges within the industry. These cases not only highlight the risks of the solar market but …
For 2025 and 2026, Ohm has forecast modest 5% to 10% growth in the industry, suggesting that US home solar may have already hit the bottom of the most recent dip on the …
Distressed solar energy company files Chapter 11 seeking a sale to its bridge lender.
Here''s an incomplete list of the solar firms that have left the building -- either by closure, bankruptcy, or fire-sale acquisition: 2009 to 2010 Bankrupt, closed, acquired
With the collapse of a major player in Solar Energy like Titan Solar Power, there is a gap for customers in finding a company that can do right by them when it comes to solar …