Solar project developer files for chapter 11

This list may be missing smaller projects that are not publicly announced. SEIA makes major solar project data available to the public through the map below. This version contains additional, valuable information that is not included in the map below, such as the owner, electricity purchaser, land type and expected online date. SEIA Members can access the searchable database here. A full list of the data provided in the members-only version of the list can be found here.

Not yet a SEIA member? If you'd like to learn more about SEIA membership, click here. SEIA does not guarantee that every identified project will be built. Like any other industry, market conditions may impact project economics and timelines. A third project in Nevada hasn't progressed as far as securing transmission rights.

That project is entangled in a lawsuit in Nevada state court from a minority shareholder, Global Finance Corp. Solar Trust executives are preparing to sell the company's assets at auction and already have interest from competitor NextEra Energy Resources LLC, which is building other major solar-panel plants nearby. Solarhybrid executives blamed the deal's collapse on dwindling European subsidies for alternative energy.

Solar Millennium filed for Germany's equivalent of bankruptcy in December. Amid the economic crisis, European governments are slashing programs that once made it more affordable for residents and businesses to buy expensive solar systems. The insolvency administrator put in charge of the company's bankruptcy case, Volker Boehm, has "ceased to provide any funding whatsoever" to the project, according to court papers.

The company's headquarters are located in Oakland, Calif. It has nine employees. They just bought too much to quickly.

Related Coverage. He said the company planned to use Chapter 11 to reduce debt, shed non-core operations and take steps to get the most value out of its technology and intellectual property. SunEdison asked the bankruptcy court to appoint an independent examiner to review recent transactions.

While it said it is not aware of any particular wrongdoing, it cited a subpoena from the U. Department of Justice related to financing activity, an investigation by the U. It asked that the investigation begin immediately and conclude within 60 days, a short timeframe compared to independent examinations in bankruptcies such as the operating unit of Caesars Entertainment Corp CZR.

O were up 3. An index of solar shares. N with a 6.