Solar Panel Installer Seeks Bankruptcy Protection Amid Financial Struggles
California-based home solar panel installer Freedom Forever has filed for Chapter 11 protection in Delaware bankruptcy court with over $500 million in debt. The company owes $114 million to residential solar panel financing firm Mosaic, according to a report by Law360. This development may signal financial struggles in the residential solar panel market, with potential implications for the industry’s growth and financing models. The bankruptcy filing was reported by Law360.