Stirling Energy Systems Inc., a developer of utility-scale solar electricity generation equipment, has filed for bankruptcy.
The Chapter 7 filing took place after the company failed to find a buyer, according to court documents cited by the Wall Street Journal.
Stirling Energy's proprietary SunCatcher technology was originally planned to be used in the 850 MW Calico solar project under development in California. However, last December, K Road Power Holdings LLC (which had acquired the plant from Tessera earlier in the month), announced that it was converting 750 MW of the project to PV.
The Calico plant has also been plagued by lawsuits, the loss of its original power purchase agreement and construction delays.
