Suniva sees net loss grow to $1.38 million in July on zero revenue

By Caroline Salls

Pittsburgh, Aug. 24 – Suniva, Inc. posted a $1.38 million net loss for July on zero revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Suniva reported a $1.04 million net loss for June, also on zero revenue.

The company had $10,684 in unrestricted cash and cash equivalents as of July 31, the same as at the end of June.

Suniva, a Norcross, Ga.-based manufacturer of high-efficiency crystalline silicon photovoltaic (PV) solar cells and high-power solar modules, filed bankruptcy on April 17. The Chapter 11 case number is 17-10837.

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