PINK ENERGY COLLAPSE.

• Position: NC TREND >>> Statewide

Solar energy installer Pink Energy filed for bankruptcy liquidation after hundreds of customers complained about the company's ineffective products and customer service. The Mooresville-based company said it employed more than 1,650 employees and had annual sales of nearly $600 million in 2021, making it among North Carolina's largest privately held businesses. Its filing listed debts topping $ 138 million.

CEO Jayson Waller started the business in 2014 and aggressively expanded in several states through heavy media advertising. It was called PowerHome Solar until a branding change earlier this year. The company also sold Generac power...