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Climate Change

“Real Distress” Hits Solar Industry as Bankruptcy Tsunami Looms

by Tyler Durden
June 23, 2025
in Opinions
Reading Time: 3 mins read

  • Trump and Elon’s Secret Plot to Save Your Retirement?


(Zero Hedge)—It’s no secret that progressive billionaire elites, their dark money-funded NGOs, far-left lawmakers, and legacy corporate media orchestrated one of the most elaborate propaganda campaigns in recent memory—weaponizing the narrative of an imminent “climate crisis” to ram through green legislation on Capitol Hill. The result? A massive heist on the Treasury, all under the noble guise of saving the planet.

It’s almost as if the “climate crisis” only dominated headlines when Democrats needed political cover to push green legislation through Capitol Hill…

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Now, the darker side of the green scam is coming into focus. Reuters reported earlier this week that a draft tax bill released by Senate Finance Committee Chair Mike Crapo (R-Idaho) proposes an accelerated phaseout of clean energy subsidies established under the Biden-Harris regime’s 2022 Inflation Reduction Act. Specifically, the legislation would significantly dial back solar and wind tax credits to 60% of their original value starting in 2026, with complete elimination by 2028. Under current law, these credits are scheduled to begin phasing out in 2032, meaning the proposal would effectively shorten the incentive window.

Crapo stated in a press release that this draft bill “achieves significant savings by slashing Green New Deal spending and targeting waste, fraud and abuse in spending programs while preserving and protecting them for the most vulnerable.”

Slashing clean energy tax credits, essentially the lifeline of the green industry, would unleash a tsunami of bankruptcies across the sector. Think of Solyndra’s high-profile collapse under the Obama administration in 2011—but multiplied many times over.

“It’s not final, but it looks very negative,” said Carter Atlamazoglou, managing director at FTI Consulting, who specializes in renewable energy, referring to the Senate’s latest draft of the tax bill.

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Atlamazoglou told the Financial Times, “You’re dealing with a lot of major uncertainty, which makes anyone considering residential solar—from homeowners to financiers—basically wait and see what happens next.”

“Firms are under liquidity pressure and we’re seeing real distress in the industry,” he warned, pointing out that “Things are coming to a head.”

FT cited bankruptcy data showing a sharp uptick in clean energy company failures—starting in 2022 and accelerating significantly by 2024. Many of these firms, heavily reliant on federal tax credits, are now collapsing as subsidies dry up.

Mass liquidations and layoffs are set to plague the industry this year. This trend will be accelerated if those tax credits are eliminated.

“There’s going to be a 50 to 60 per cent downturn in demand. That will wreak havoc on a lot of these solar companies,” warned Ara Agopian, CEO of Solar Insure.

Agopian said, “Many of them will shut their doors as they can’t stay in business without the tax credit.”

Since the release of the Senate draft, solar stocks have crashed: Sunrun is down 36%, SolarEdge is down 30%, Enphase is down 21%, and First Solar is down 19%.

Solyndra’s downfall remains a cautionary tale in the clean energy space…

“We’re looking at a six-month cliff and thousands of businesses having to completely remake their business models in the space of mere months,” CEO Dan Conant of Solar Holler, warned, “It’s just impossible to do.”






Why One Survival Food Company Shines Above the Rest

Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.

It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?

This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.

Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.

At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.

What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.

Visit the Heaven’s Harvest website and use promo code “Patriot” for a discount today!


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Tags: Climate ChangeLedeSolarTop StoryZero Hedge

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