Complete Solar Holdings has announced that the United States Bankruptcy Court for the District of Delaware has approved the going concern sale of substantially all assets of the Blue Raven, New Homes and Dealer businesses of SunPower Corporation and certain of its affiliates to Complete Solar for $45 million in cash.
The sale is expected to close on or before Sept. 30, at which time SunPower businesses, the SunPower brand and its employees will become part of Complete Solar.
“This is a pivotal moment in the history of SunPower, one of the most storied U.S. solar companies,” says T.J. Rodgers, Complete Solar CEO.
“The dark cloud currently hanging over the U.S. solar industry will not bring SunPower’s demise. And when that cloud recedes – as it must, since only 3.7% of American homes have solar power in an age when solar energy has literally become cheaper than fossil fuel energy – the New SunPower will re-emerge as a lean and competitive American-owned company with a national footprint.”
The post Court Approves Complete Solar Purchase of SunPower Assets appeared first on Solar Industry.
Renewable Energy
Trump’s Policies Are Causing So Much Pain
As a financially comfortable, educated, straight white male, one might think I’m impervious to any of Trump’s policies.
I have a weakness, however, and it’s one I share with virtually every other progressive on the planet–I care deeply the well-being of other people. It disturbs me greatly to see other people suffer, especially when that suffering would be so easily avoided.
Renewable Energy
Let’s Apply Some Reason Here
At left is a great example of a fallacy called a “false dichotomy.”
We all crave information that backs up what we already believe, and, in general, Trump supporters have this going on in spades.
When we think about it, isn’t in possible to both protect American citizens and respect the Constitution rights all people living here?
Renewable Energy
Marco Rubio, Secretary of Butt-Kissing
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What would one expect a sycophant to say?