On June thirteenth, 2024, Titan Photo voltaic Energy—one of many largest residential photo voltaic corporations within the nation—abruptly closed its doorways. That day, Titan’s workers acquired an electronic mail that mentioned firm management had tried and did not discover a purchaser for the corporate and usher in new sources of capital and that the corporate would shut efficient instantly.
Per week later, Titan filed for Chapter 7 chapter liquidation in Arizona. The U.S. Chapter Courtroom for the state of Arizona lists a complete of 26 entities associated to the submitting, working in 22 states. An announcement offered on the Courtroom’s internet web page says, “In a lot of the circumstances filed, it seems that there aren’t any belongings obtainable to pay collectors.”