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Bankruptcy

Schletter Inc. files for chapter 11 bankruptcy

The solar mounting systems maker’s U.S. division has filed for bankruptcy, one month after the German parent company filed for insolvency.

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US flow battery maker ViZn Energy closes shop

ViZn has laid off all of its employees and ceased operations, as the latest in a series of closures and bankruptcies for makers of alternative battery technologies.

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Arcelormitall submits bid to acquire Exosun

Luxembourg-based Arcelormitall may expand its business in the solar sector through the acquisition of insolvent French solar tracker provider, Exosun.

2017: The PV year in review

Trade cases, insolvencies, record-breaking low auction prices, China’s eye watering installation rates – all this and more characterized the 2017 solar PV industry. pv magazine reflects on the biggest stories, trends and developments of the past year; and summarizes what the industry can expect in 2018.

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ET Solar describes “reorganization” of its US module sales business

The Chinese PV maker and developer has made a statement regarding the bankruptcy of U.S. subsidiary ET Solar Inc.

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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