Suniva net loss drops to $531,299 in February; zero revenue reported

By Caroline Salls

Pittsburgh, March 22 – Suniva, Inc. posted a $531,299 net loss for February on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Suniva reported a $922,793 net loss for January, also on zero revenue.

The company had $10,684 in unrestricted cash and equivalents as of Feb. 28, the same as at the end of January.

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, 2017. The Chapter 11 case number is 17-10837.

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