David williamson titan solar power administrative leave

Does Titan solar power service a solar system?

While Titan Solar Power is no longer directly responsible for servicing these systems, you can contact the equipment manufacturers for warranty related issues. For ongoing maintenance or service of your solar system, Forme Solar can assist in diagnosing and repairing your system to ensure continued energy production. 2.

How much money does Titan solar power have in bankruptcy?

Titan Solar Power, which was founded locally in 2013, filed for Chapter 7 bankruptcy protection June 20. The company estimated it has between $1 million and $10 million in assets against $1 million and $10 million in liabilities, according to its petition with the U.S Bankruptcy Court for the District of Arizona.

What if I need assistance with MY Titan solar power energy system?

If you are in need of assistance with your existing Titan Solar Power energy system, contact Forme Solar at 714-694-2262. Our team is equipped to handle solar repairs, maintenance, and expansions, ensuring that your solar panel system continues to deliver reliable performance for years to come.

Why did Titan solar power restructure its operations in 2023?

They offered a wide range of services, including solar system design, installation, and maintenance for residential and commercial properties. However, in 2023, due to increased operational costs, labor shortages, and warranty claims, Titan Solar Power announced its decision to restructure its operations.

What happened to Titan solar power?

Titan Solar Power, once one of the largest and fastest-growing solar installers in the U.S., faced similar struggles. After years of rapid growth, Titan Solar underwent significant financial difficulties, leading to a restructuring of the business model to adapt to a more sustainable approach in the competitive solar market.

Does Titan solar power restructure financing agreements?

Titan Solar Power customers who financed their systems through third-party solar financing companies will still be obligated to fulfill their payment terms. Financing agreements are typically separate from the installation company, so Titan Solar Power’s restructuring does not affect these agreements.