Bankruptcy Judge Kevin Gross yesterday granted a request by Suniva’s biggest creditor that will allow it to sell a portion of the company’s solar manufacturing equipment through a public auction, Reuters reported. The development casts fresh uncertainty on the future for Suniva, the company that fought for and won stiff tariffs on solar panel imports from the administration of President Donald Trump in January, but still has not restarted manufacturing at its U.S. factories. The creditor, SQN Capital Management, said yesterday’s order by Judge Gross will enable it to attract an investor interested in injecting capital into Suniva’s idled operations. As of February, SQN was owed more than $58 million by Suniva, court papers show.
