PVTIME – The US solar panel installation company Purelight Power has announced that it will cease all national business operations, making 109 permanent redundancies across the country, and initiate bankruptcy liquidation proceedings.
Picture: Purelight Power
Purelight Power’s chief executive, JD Beck, attributed the company’s crisis primarily to a recent piece of legislation known as ‘Big and Beautiful’. He explained that the legislation had significantly reduced tax credits for solar projects and imposed numerous restrictions on their usage. This had severely impacted the company’s business operations and profitability. Mr Beck added that the government’s stance on supporting renewable energy had shifted since the Trump administration, noting that incentives for the solar sector had been removed and related investments had dropped sharply. This left Purelight Power unable to secure funding for new projects, transfer its assets to other entities, or obtain loans to maintain ongoing operations.
Purelight Power confirmed that the redundancy process began on 23 October and will be completed by 26 December. Of the initial 109 employees made redundant, 71 work at the company’s Medford headquarters, 13 are in administrative roles, and 25 work remotely.
According to information on Purelight Power’s official website, the company was formally established in Medford, Oregon, in 2017. Since then, it has focused exclusively on developing solar energy solutions for clients across the United States.
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