SunPower's Demise Underscores Industry Primed for Casualties.

The US residential-solar industry is facing significant challenges, as demonstrated by the recent bankruptcy of SunPower Corp. The company's financial troubles were exacerbated by high interest rates and a subsidy cut in California, the largest solar market in the country. The situation highlights the need for fiscal discipline and a shift away from growth-focused strategies that rely on external funding. Other solar executives have also emphasized the importance of cash generation and debt repayment over aggressive expansion. The industry as a whole is projected to experience a decline in installations, particularly in California. [Extracted from the article]