Major Solar Panel Maker Files for Bankruptcy, Will Sell Off Assets for $45 Million

Major Solar Panel Maker Files for Bankruptcy, Will Sell Off Assets for $45 Million
The SunPower logo outside of its building in Austin, Texas, in April 2019. Google Maps/Screenshot via The Epoch Times
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Solar panel company SunPower has filed for Chapter 11 bankruptcy in the United States and entered into a “stalking horse” agreement with Complete Solaria to sell a portion of its business.

The San Jose, California-based company filed for Chapter 11 protection on Aug. 6 in the U.S. Bankruptcy Court for the District of Delaware, where it listed assets and liabilities between $1 billion and $10 billion.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.