Solar firm files for bankruptcy, owes Yarmouth residents
- Sep 30, 2022 1:22 pm GMT
Solar Wolf was selected as a contractor for a Solarize Yarmouth campaign in early 2021. The company had responded to a request for proposals issued by the Massachusetts Clean Energy Center. Three proposals received were then sent to a volunteer committee in
Established in 2015, Solar Wolf was named one of the world's fastest growing companies by INC. Magazine in 2020. The solar installer was ranked No. 427 because of its 1,070% growth.
Solar Wolf partnered with
Yarmouth Town Administrator
The Massachusetts Solarize program was launched in 2011. Since then, 85 communities and 3,700 residents have signed contracts for installation of solar and other clean energy technologies, according to the state website.
Bankruptcy will affect up to 49 creditors
Solar Wolf's bankruptcy will impact between one and 49 creditors, according to court documents Strzelecki filed. He indicated that after administrative expenses are paid, no funds will be available to unsecured creditors.
But according to Whritenour, customers who signed contracts with Solar Wolf have lost hundreds of thousands of dollars. Orders ranged from
In an email to the
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.