Solar Industry Faces Collapse
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The entire residential solar industry is on the verge of collapse. SunPower,
once a solar giant, just went bankrupt. They bet everything on California, but the state changed
its policies, killing their biggest market. Then, as interest rates
soared, their solar loans and leases became way too expensive for homeowners.
To top it off, their financials were a complete mess. The company got
sold for parts, and most investors got nothing. This isn't an isolated case; other major
solar firms are also failing. The dream of affordable rooftop solar is facing a serious
reality check.
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