What happened to Titan solar power?

Watch the latest ABC15 Arizona in Phoenix headlines any time. CHANDLER, AZ — A Chandler-based solar company has ceased operations amid an ongoing bankruptcy case. Titan Solar Power, which was founded locally in 2013, filed for Chapter 7 bankruptcy protection June 20.

Is Titan solar closing its doors?

Titan Solar, which installed thousands of systems across the U.S., informed its employees June 13 that it was “closing its doors,” having failed to secure a buyer for the company, according to an email obtained by TIME. In the email, Titan said that it had helped over 100,000 households go solar.

How much money does Titan solar power have in bankruptcy?

Titan Solar Power, which was founded locally in 2013, filed for Chapter 7 bankruptcy protection June 20. The company estimated it has between $1 million and $10 million in assets against $1 million and $10 million in liabilities, according to its petition with the U.S Bankruptcy Court for the District of Arizona.

Did a solar company close its doors?

Read More: Another Solar Company Goes Bust Titan was the largest solar installer to close its doors when it shut down June 13, according to research firm Wood Mackenzie, but customers like Palmer are not alone in having nonworking panels on their homes and nowhere to turn.

Did Titan solar go out of business?

Two years later, the panels have never been switched on and the company that installed them—Titan Solar—has abruptly gone out of business, leaving Palmer with a shiny but useless array on her roof.

Does Titan sell solar?

With tens of thousands of residential solar installations across 16 states, Titan established itself as a formidable player in the solar industry, largely through its extensive Solar Dealer program. This approach involved partnering with numerous solar sales organizations that sold solar systems on Titan’s behalf.