A U.S. solar company that convinced Washington, D.C., to impose protective tariffs on cheap imports to help it survive is seeking bankruptcy court approval to abandon its inventory of solar panels as it winds down operations, Reuters reported. In a filing with the U.S. Bankruptcy Court in Delaware late on Tuesday, Suniva Inc. requested approval to abandon solar panels with a liquidation value that it says exceeds $6 million. The filing follows news last week that Suniva’s biggest creditor, SQN Capital Management, won an auction of the solar company’s technology, licenses and manufacturing equipment.
