EMH
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- Apr 5, 2021
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They dont last long heres a list of bankruptcies
The renewable energy sector, particularly solar, is experiencing a wave of bankruptcies in 2025-2026 driven by high interest rates, policy shifts (e.g., California's NEM 3.0, federal policy changes), and unsustainable business models. Major, high-profile failures include Pine Gate Renewables, Sunnova, and SunPower, alongside over 100 contractor insolvencies.
Cleary Gottlieb | Content Hub +2
Key 2025–2026 Renewable Energy Bankruptcies & Closures
Reasons for the Downturn
- Pine Gate Renewables: A major utility-scale developer filed for Chapter 11 in Nov 2025, citing regulatory shifts and reduced incentives.
- Sunnova: Filed for Chapter 11 in June 2025 with over $10 billion in liabilities.
- SunPower: Filed for bankruptcy in 2024/2025, halting operations.
- Other Notable Failures: ADT Solar, Lumio, Titan Solar Power, Vision Solar, and PowerHome Solar (Pink Energy).
Solar Power World +4
- Policy & Regulatory Changes: The rollback of federal tax credits and unfavorable state-level net metering policies, such as California’s NEM 3.0, have drastically reduced project profitability.
- Financial Pressures: High-interest rates increased the cost of financing for both projects and customer loans, squeezing margins for installers and developers.
- Unsustainable Models: Many large residential installers expanded too quickly, relying on high debt levels and aggressive sales tactics, according to Bloomberg New Energy Finance analysts.
Cleary Gottlieb | Content Hub +4
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You are here: Home / Articles / The Complete List of Solar Bankruptcies and Business Closures
Last Updated:
January 20, 2026
The solar industry experienced exponential growth over the last decade as costs fell and favorable policies helped drive mass adoption.
However, 2024 has brought immense challenges, with higher interest rates, tighter financing, and adverse policy shifts in key states contributing to over 100 solar bankruptcies based on our industry data, a number unseen before in our almost 20 years in the solar sector.
California was particularly hard hit due to new net metering rules under NEM 3.0 that radically reduced system economics.
These adverse state policy impacts exacerbated financing shifts, triggering plummeting demand and an 80% decrease in rooftop solar installation volume. The California Solar & Storage Association reports that the fallout includes thousands of stalled projects, over 17,000 industry layoffs, and a wave of high-profile bankruptcies.
While stronger players demonstrate some resilience, impacted homeowners and solar employees face prolonged uncertainty. The outright collapse of many once fast-growing solar firms provides a sobering case study on the potential unintended consequences of incentive transitions.
Major Solar Contractors That Went Out of Business
Major Solar Bankruptcies as of January 2026 Include:Company Closures:
- Sunnova – Multiple States
- SunPower – Multiple States
- Pink Energy – Multiple States
- MC Solar – Modern Concepts – Florida
- Harness Power – California
- NM Solar Group – New Mexico
- ASA – American Solar Advantage – California
- Kuubix Energy – California
- Erus Energy – Arizona
- Infinity Energy – California
- Suntuity Renewables – Per Sunova – NJ, CA , TX
- ADT Solar – Multiple States
- Vision Solar – Multiple States
- Solcius – CA, NM, AZ, NV
- Sunworks, Inc. – CA
- Kayo Energy – AZ, CA, TX, FL
- iSun – CT
- Titan Solar Power – Multiple States
- Lumio Solar – Utah
- Expert Solar – Florida, Texas
- Shine Solar – LA, AK
- Posigen – Multiple States
- Pure Light Power – Multiple States
- California Company Closures:
- Altair Solar
- ASA – American Solar Advantage – CA
- Bratton Solar- CA
- Canapoy Energy – CA
- Charged Up Energy – CA
- Enver Solar – CA
- Harness Power – CA
- GCI Solar – CA
- Green Nrg – CA
- Kuubix Energy – CA
- Peak Power USA – CA
- Penguin Home- CA
- Polar Solar – CA
- Professional Roofing and Solar – CA
- Sigora Home Solar – CA
- Solsun USA – CA
- Solar 360
- Solar Advantage – CA
- Sullivan Solar Power – CA
- Sungrade Solar – CA
- SunPower – CA
- Sunstor Solar – CA
- RGS Energy – CA
- Solar Spectrum – CA
- Sunworks, Inc. – CA
- Swell Energy – CA
- United Solar Inc. – CA
- Texas
- Alternative Solar
- American Sun
- Daybreak Solar Power
- Cosmo Solaris – DBA WNK Associates , Under Investigation
- Envirosolar
- Hitech Solar
- Integrity Solar
- Next Energy
- Nivo Solar
- Speir Innovations
- TES Home Solar
- Texas Solar Broker LLC
- Texas Solar Integrated LLC
- Verisolar
- Vulcan Solar
- Other States:
- 3D Solar – Florida
- AAA Certified Solar – Nevada
- Accept Solar – MA
- ACE Solar Systems – AZ
- Arizona Solar Concepts – AZ
- Brimma Solar – WA
- Code Green Solar – NJ
- EcoMark Solar – CO
- Elan Solar – UT
- Electriq Power – FL
- Encor Solar – UT
- Gulf South Solar – LA
- Moxie Solar – IA
- Refresh Energy Group – CO
- Saveco Solar – UT
- Solar Is Freedom – OH
- Solar Direct – FL
- Solar Titan USA – TN
- SolarDot – FL
- Solarworks – AZ
- Solular, LLC – NJ
- Utah Solar Group – UT
- Voltage Solar Power – FL
- Zenernet – AZ
All of that cost to the taxpayer is part of the harm CO2 FRAUD has done to America.
Time for the "current Administration" to permanently put it out of business.