“The Schletter Group has emerged from its US unit’s bankruptcy earlier this year to begin delivering a new, more stable solar tracker to the North America, Asia, and Australia markets, with one recent sale in Zimbabwe. The company also is installing bifacial solar panels for the first time on its new tracker in Germany, … [Read more…]
“A massive Utah solar fraud case in federal court took a sudden twist Monday when two companies central in the case filed for bankruptcy or announced their intent to file. The bankruptcy claim by RaPower3 is meant to delay, or even possibly derail, the U.S. Department of Justice’s motion to appoint a receiver in … [Read more…]
“Mounting system maker Schletter’s U.S. company voluntarily filed for Chapter 11 bankruptcy on April 24. The company reports between US$10 million and $50 million in both liabilities and assets, with debts owed to over 300 creditors. It is not clear exactly what led to the filing, however there are many possible factors. The recent … [Read more…]