Original research
Solar installer bankruptcies: the documented record since 2023
Every entry has a court, SEC or company source and a news report. What happened, when, and what it means for the homeowners left behind.
The finding
Solar Installer Bankruptcies is an original HyreSolar dataset built from named public sources, with the method and a downloadable file.
We count 12 documented failures of US residential solar companies between October 30, 2023 and April 15, 2026: 7 installers, 1 manufacturer-installer (SunPower), 2 solar lenders and 2 lease and PPA providers. 4 ended in Chapter 7 liquidation.
The failures that touched the most homeowners were not installers but the companies that own or finance the systems: Sunnova, Mosaic, Sunlight Financial and PosiGen. When an installer fails you lose a workmanship warranty; when your lease provider or lender fails, someone else takes over the contract and the payments continue.
The record, in date order
October 30, 2023 · Chapter 11 · D. Del. No. 23-11794
Sunlight Financial Holdings (lender, NC)Prepackaged plan; business acquired for $15M by a consortium led by affiliates of Greenbacker and Sunstone Credit. Sources: SEC EDGAR, pv magazine USA.
December 28, 2023 · Chapter 7 · D.N.J. No. 23-21939
Vision Solar LLC (installer, NJ)Liquidation under a Chapter 7 trustee, about $8M of assets against $119M of liabilities; Connecticut AG stipulated judgment approved 17 Sep 2024. Sources: Connecticut Office of the Attorney General, NBC Connecticut.
January 24, 2024 · Exit
ADT Solar (installer, FL)ADT's board approved a full exit from residential solar (8-K Item 2.05); no bankruptcy filing. Sources: SEC EDGAR, SEC EDGAR.
February 5, 2024 · Chapter 7 · D. Del.
Sunworks Inc. (installer, UT)Company and three subsidiaries ceased operations and are being liquidated by a Chapter 7 trustee. Sources: SEC EDGAR, pv magazine USA.
June 3, 2024 · Chapter 11 · D. Del. No. 24-11144
iSun, Inc. (SunCommon) (installer, VT)Filed to pursue a court-supervised sale to an affiliate of Siltstone Capital. Sources: SEC EDGAR, Bloomberg Law.
August 5, 2024 · Chapter 11 · D. Del. No. 24-11649
SunPower Corporation (manufacturer-installer, CA)Blue Raven, New Homes and the dealer network sold to Complete Solaria for $45M; liquidating plan effective 14 Nov 2024. The company now trading as SunPower is a different legal entity. Sources: SEC EDGAR, Bloomberg.
September 3, 2024 · Chapter 11 · D. Del.
Lumio HX, Inc. (installer, UT)Substantially all assets sold to Zeo Energy; sale approved 1 Nov 2024. Sources: Business Wire (company release), Bloomberg.
June 6, 2025 · Chapter 11 · S.D. Tex.
Solar Mosaic LLC (lender, CA)Plan confirmed 5 Sep 2025; Forbright Bank became equity holder and loan servicer. Sources: Davis Polk, pv magazine USA.
June 8, 2025 · Chapter 11 · S.D. Tex. No. 25-90160
Sunnova Energy International (TPO provider, TX)Substantially all assets sold under section 363; sale approved around 1 Aug 2025; SunStrong took over customer servicing. Sources: SEC EDGAR, Solar Power World.
November 24, 2025 · Chapter 11 · S.D. Tex.
PosiGen, PBC (TPO provider, LA)Filed after most operations stopped in August 2025. Sources: Bloomberg Government, pv magazine USA.
December 30, 2025 · Chapter 7 · Bankr. E.D. Wash. No. 25-02261
Solgen Power (Purelight Power) (installer, WA)Shut down late December 2025; twelve entities being liquidated by a Chapter 7 trustee. Sources: Inforuptcy (docket mirror), Solar Power World.
April 15, 2026 · Chapter 11, converted to Chapter 7 · D. Del.
Freedom Forever LLC (installer, CA)No buyer found; converted to Chapter 7 liquidation on 7 Aug 2026. Sources: Bloomberg Law, pv magazine USA.
Summary table
| Company | Type | Event | Date | Court |
|---|---|---|---|---|
| Sunlight Financial Holdings | lender | Chapter 11 | 2023-10-30 | D. Del. |
| Vision Solar LLC | installer | Chapter 7 | 2023-12-28 | D.N.J. |
| ADT Solar | installer | Exit | 2024-01-24 | — |
| Sunworks Inc. | installer | Chapter 7 | 2024-02-05 | D. Del. |
| iSun, Inc. (SunCommon) | installer | Chapter 11 | 2024-06-03 | D. Del. |
| SunPower Corporation | manufacturer-installer | Chapter 11 | 2024-08-05 | D. Del. |
| Lumio HX, Inc. | installer | Chapter 11 | 2024-09-03 | D. Del. |
| Solar Mosaic LLC | lender | Chapter 11 | 2025-06-06 | S.D. Tex. |
| Sunnova Energy International | TPO provider | Chapter 11 | 2025-06-08 | S.D. Tex. |
| PosiGen, PBC | TPO provider | Chapter 11 | 2025-11-24 | S.D. Tex. |
| Solgen Power (Purelight Power) | installer | Chapter 7 | 2025-12-30 | Bankr. E.D. Wash. |
| Freedom Forever LLC | installer | Chapter 11, converted to Chapter 7 | 2026-04-15 | D. Del. |
HyreSolar compilation, sources verified 22 October 2026. Full source links are in the CSV.
Failures by year
The count is not a measure of how many installers closed: thousands of small local firms close without a filing or a news story, and they are not here.
It measures the failures large enough to leave a public record, which are the ones most likely to have left warranties, lease contracts and monitoring accounts in limbo.
What a failure means for the homeowner
If your installer failed
The panel and inverter manufacturer warranties survive; they are owed by the manufacturer, not the installer. The installer’s workmanship and roof-penetration warranties usually die with it unless a buyer assumed them in the bankruptcy sale. See ownership guides for what to do next.
If your lease or PPA provider failed
The contract is an asset: it is sold or transferred to a new servicer, and your payment obligation continues. Sunnova customers were moved to new owners and servicers through the court-approved sale.
If your lender failed
Loans are sold or serviced by a successor. Keep paying the servicer named in official notices, and check that any new payment address is confirmed in writing before you change it.
Method
Inclusion rule
Entries require a court docket, claims-agent page, SEC filing or company release plus a reputable news report. Dates are petition dates (or announcement date for exits).
Scope: companies whose main business was US residential solar installation, financing or third-party ownership. Commercial-only and utility-scale developers are excluded.
Excluded for now
Pink Energy (Power Home Solar, 2022, before the window and no docket located), Titan Solar Power (June 2024 closure reported by news only, no filing found), Solcius and G3 Solar (no dated primary record found). Each is added once a primary record is located.
Updates
New filings are added as they are documented, with the date added. Corrections are made on the page with a dated note.
Embed this finding
Paste this snippet into any page or CMS that accepts HTML. It carries the figure, the underlying source and a link back to the method, so the number travels with its conditions.
<figure style="border:1px solid #ddd;padding:12px;margin:0;font:15px/1.5 system-ui,sans-serif">
<p style="margin:0 0 6px"><strong>12 documented US residential solar installer, lender and lease-provider failures since 2023, including SunPower, Sunnova and Mosaic.</strong></p>
<figcaption style="font-size:13px;color:#555">Source: <a href="https://hyresolar.com/research/installer-failure-tracker/">HyreSolar, Solar installer bankruptcies tracker</a> (court dockets, SEC filings and news reports).</figcaption>
</figure>Charts on this page may be reproduced with the same attribution. The rows behind them are in installer-failure-tracker.csv.
Citation, reuse and corrections
How to cite
HyreSolar Research, “Solar installer bankruptcies: the documented record since 2023”, October 2026. Available at https://hyresolar.com/research/installer-failure-tracker/
Reuse
The compilation may be reused with attribution and a link (CC BY 4.0). The underlying filings are public records.
Corrections
If a status has changed or a record is wrong, tell us; we correct it with a dated note.
Questions
Which solar companies went bankrupt?
What happens to my warranty if my solar company goes out of business?
Do I still have to pay my solar lease if the company went bankrupt?
Written and audited by
HyreSolar Research
Primary-source research, data analysis and fact checking
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Data as of Records verified 22 October 2026. Authorship on this site is organizational: the analysis belongs to the desk rather than to a named individual, and we do not publish credentials we do not hold. Our editorial policy sets out how we source, date and correct what we publish.
The data behind this page
Every figure on this page is computed from one file, and that file is published here so the analysis can be checked, disagreed with, or reused.
Sources & retrieval dates
Choosing an installer now?
Ask who holds the workmanship warranty if the company fails, and check the license.
HyreSolar is an independent analysis and matching service. We are not an installer, lender or utility. When a reader asks to be introduced, installers may pay us a referral fee. That fee never buys ranking, scores or placement in research. Our editorial policy sets out the rules.