The glow of solar power is dimming for customers of yet another solar energy company that is fading into the night of promises it could not keep.
Titan Solar told employees on June 13 that it was "Closing its doors" because no one would buy the company, according to Time.
Over 2023 and 2024 to date, 16 major solar companies have filed for bankruptcy, Solar Insure reported.
How to Get the Prescription McCullough Protocol Before the Government Bans It Overall, an earlier Time report estimated 100 local solar installers had gone belly-up in 2023.
Share prices in national solar installers SunRun and Sunnova have fallen more than 85 percent from 2020.
When National Review's Andrew Follett surveyed the state of the solar energy industry, he noted "Americans haven't gotten much out of Biden's immense spending on solar power besides a shattered power grid and a greatly increased risk of blackouts." President Joe Biden's energy giveaways "Have decidedly flopped," he wrote.
"For years Democrats have claimed technologies like solar energy are cheaper than coal, oil, natural gas, and nuclear. This report makes clear that solar is largely dependent on heavy subsidies with taxpayer dollars," Senate Energy and Natural Resources Committee Ranking Member Republican John Barrasso of Wyoming said.
https://www.thegatewaypundit.com/2024/06/solar-co-collapses-customers-furious-dems-favorite-power/
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