The US module sales subsidiary of Chinese PV module maker and developer ET Solar has filed for Chapter 11 bankruptcy, claiming less than $50,000 in assets and $10-50m in debt. According to the filing, which was made public on Monday, the company is seeking a court order that would allow it to continue operating as an independent entity.
The US module sales subsidiary of Chinese PV module maker and developer ET Solar has filed for Chapter 11 bankruptcy, claiming less than $50,000 in assets and $10-50m in debt. The parent company’s US project development and construction subsidiary ET Capital has not been affected.