SunPower, a Silicon Valley solar pioneer, filed for bankruptcy in Delaware yesterday, marking the collapse of a onetime icon of American solar.
The company will sell some of its assets to the recently formed residential installer Complete Solaria, whose investors include veteran cleantech players John Doerr and T.J. Rodgers. SunPower identified assets and liabilities of somewhere between $1 billion and $10 billion in its Chapter 11 petition.
Click for the full article at Canary Media
