FSLR acquires GE’s Thin Film technology First Solar is the world’s leading producers of solar panels with a solar panel technology that differs from almost all of its competitors. First Solar Solar Panels use Cadmium-Tellurium Thin Film Solar technology, while the majority of the Solar Industry uses Crystalline Silicon Technology. Despite stiff competition from the silicon technology and […]
Hitachi Entering Nuclear Power The massive global backlash against nuclear energy has seen a number of top nuclear equipment manufactures like GE, Siemens, Toshiba pulling back. While Siemens and Toshiba have already announced plans to retrench from nuclear energy, GE has also voiced concerns about nuclear power being unviable compared to natural gas and renewable […]
The Solar Inverter Industry The Solar Inverter Industry has remained relatively stable compared to the solar panel industry due to fewer number of players and higher barriers of entry. The top solar inverter companies are mostly European though Asian companies particularly from China are making aggressive expansion plans. The solar inverter industry is expected to […]
Brazil made a lot of headlines when it managed to auction a couple of gigawatts of wind energy capacity at very low prices to wind energy developers. Note Brazil does not have much renewable energy capacity apart from hydro power, despite huge potential for both wind and solar power. A number of wind turbine producers […]
Cadmium Tellurium Thin Film Solar Technology championed by thin film solar panel leader First Solar is set to become a victim of capitalism’s creative destruction as cheap crystalline silicon panels from China have forced Abound Solar and GE to down shutter on their factories. Note Cd-Te which is the largest selling thin film technology in […]
Vestas, the Danish producer of wind turbines which used to lord over the wind energy market has seen its fortunes crater with the advent of big Chinese wind turbine companies. The story of Vestas has been going downhill for a long time now with repeated revenue warnings, job losses and management changes. However like other […]