💥Solar Shrinkage💥
Yet another solar company ends up in bankruptcy as the industry pain increases.
As we write this, United States Senators are suffocating amidst the swampy heat of Washington DC, scratching and clawing their way to get the votes necessary to pass President Trump’s “Big Beautiful Bill” — a measure that will not, by some accounts, be so great for alternative energy. While we still don’t know how it will pan out — you can read Semafor’s latest on the issue here — or take Elon Musk’s word for it …
… we do know that solar has been a hot industry for RX professionals of late. We start this week with (i) a review of yet another recent solar bankruptcy filing, (ii) new coverage on a company we think is dumb as f*ck and ought to die, (iii) new initiation on another that seems like it’s becoming “increasingly irrelevant” and (iv) a final sweep of a matter we’d previously dubbed ‘24’s “messiest BK case of the year.” Let’s dig in ⬇️.