⚡️Solar Coaster⚡️
Solar companies have been keeping bankruptcy courts busy.
⚡️Update: SunPower Corporation⚡️
You’ll recall that Richmond, CA-based SunPower Corp. ($SPWR) and 9 affiliates (collectively, the “debtors”) filed chapter 11 cases in the District of Delaware (Judge Goldblatt) back on August 5, 2024. We covered the filing here:
In a nutshell, accounting irregularities + a downturn in the solar industry = sh*tco solar comp…