Bankruptcy

Phoenix Solar insolvency official

In a one sentence statement, Phoenix Solar AG announced it has submitted an insolvency filing today in Munich.

ET Solar Inc. files for bankruptcy

A U.S. module sales subsidiary of the Chinese PV module maker and developer has quietly filed for bankruptcy. Details are sparse, but the parent company’s U.S. project development and construction subsidiary has not been affected.

US: Longi, Canadian Solar in talks with Suniva

Reports from the Suniva’s bankruptcy filings indicate conversations with multiple companies that could potentially acquire the bankrupt cell and module maker.

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Amid devastation, Tesla begins restoring power in Puerto Rico

Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.

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U.S. thin film PV maker Stion to discontinue operations

The Mississippi-based CIGS manufacturer cites “intense” competition from imports.

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