Complete Solaria Inc., formerly known as SunPower, has recently been navigating through a significant restructuring process following its Chapter 11 bankruptcy. The company's financial struggles culminated in almost $500 million in accumulated debt, prompting a request for an additional $650 million from banks, which was ultimately denied. As a result, SunPower entered Chapter 11 bankruptcy, marked by management issues and inefficiencies exacerbated by reliance on federal subsidies like the Investment Tax Credit (ITC). In a recent development, CEO T.J. Rodgers expressed relief over pending legislation aimed at eliminating the solar ITC, viewing it as an opportunity for the industry to move towards a free-market approach. Rodgers criticized erratic government oversight and subsidies, suggesting that the end of such programs would allow solar companies to operate more sustainably without reliance on incentives. Despite the challenges posed by the ITC's removal, Rodgers believes this shift will enable surviving companies to restructure and manage their businesses more effectively.