Abound Solar

Abound Solar was a U.S. manufacturer of thin-film photovoltaic modules, with a focus on cadmium telluride thin-film technology. The company was headquartered in Loveland, Colorado, and also developed manufacturing capacity in Indiana. Its modules were intended for solar power projects and other photovoltaic applications, positioning thin-film technology as an alternative to conventional crystalline-silicon modules. After facing financing, manufacturing-scale, and competitive pressures, the company filed for Chapter 7 bankruptcy liquidation in 2012 and ceased operations.

Abound Solar was established in the United States in 2007 and was initially known as AVA Solar. Its business focused on thin-film solar cells and photovoltaic modules, using cadmium telluride technology as an alternative to conventional crystalline-silicon products. The company maintained its headquarters and development and manufacturing activities in Loveland, Colorado, and later pursued additional manufacturing capacity in Indiana. Abound Solar received government support and financing during its expansion, but its commercialization efforts were affected by falling module prices, competition from Chinese manufacturers, and the capital requirements of scaling production. In 2012, the company halted production and filed for Chapter 7 bankruptcy liquidation, ending its operations.

• 2012

  Filed for Bankruptcy Liquidation

  [2]Abound Solar files for Chapter 7 bankruptcy — Reutersreuters.com

  The company ceased production and filed for Chapter 7 bankruptcy liquidation under the U.S. Bankruptcy Code.

• 2007

  Company Founded

  [1]Abound Solar — Wikipediaen.wikipedia.org

  Abound Solar was founded in the United States, initially under the name AVA Solar, focusing on thin-film photovoltaic technology.

Thin-film solar photovoltaic module manufacturer

• Solar photovoltaic modules

  Cadmium telluride thin-film photovoltaic modules

  Abound Solar’s core product line consisted of photovoltaic modules based on cadmium telluride thin-film technology, intended for solar power projects and other photovoltaic applications.

• 2012

  Entered Chapter 7 Bankruptcy LiquidationOther

  Background

  The company was affected by falling photovoltaic module prices, market competition, and ongoing financing pressures.

  Action taken

  Ceased production and filed for Chapter 7 bankruptcy liquidation under the U.S. Bankruptcy Code.

  Aftermath

  The company ceased operations and its assets entered liquidation proceedings.

  Source

1. 1Abound Solar — Wikipediaen.wikipedia.org
2. 2Abound Solar files for Chapter 7 bankruptcy — Reutersreuters.com