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Earlier this month, Helios joined the list of solar panel manufacturers either reorganizing or in bankruptcy. In Helios USA's case, a receiver was appointed--that is not good news for any of Helios' customers or employees. In the wake of a solar manufacturer filing for bankruptcy, there are many victims and others who are affected directly by the downturn. The company employees are out on the streets. There are a lot of consumers who are wondering what that means for their 25 year warranty that they received when they purchased their solar panels for their home. There are installers who prepared bids based on the specifications of a certain solar module, and if the company that manufactures that module is not longer in business, they will have to obtain approval for a substitute. If it is a government project, it may not be so easy to change the specifications after a proposal has already been accepted.
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