On June 13th, 2024, Titan Solar Power—one of the largest residential solar companies in the country—abruptly closed its doors. That day, Titan’s employees received an email that said company leadership had tried and failed to find a buyer for the company and bring in new sources of capital and that the company would close effective immediately.
A week later, Titan filed for Chapter 7 bankruptcy liquidation in Arizona. The U.S. Bankruptcy Court for the state of Arizona lists a total of 26 entities related to the filing, operating in 22 states. A statement provided on the Court’s web page says, “In most of the cases filed, it appears that there are no assets available to pay creditors.”
