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SolarZero customers are being told not to worry about the future of their solar panels, as the company goes into liquidation.
The company said on Tuesday that “due to unsustainable operating losses, and liquidity constraints, the business is unable to continue trading in its current form”.
SolarZero owner BlackRock told RNZ on Thursday the board of SolarZero had formed a view that the business was not sustainable in the long term without significant restructuring.
Discussions were held with multiple parties to identify options that could support the business “while meeting the needs of stakeholders”, a spokesperson said.
“Regrettably, these efforts could not be brought to fruition and…
