After Solyndra, it is SoloPower The bankruptcy of solar thin film company Solyndra was one of the most dramatic debacles in the current solar downturn. The company which had raised over a billion dollars from government and private sources went kaput one fine day. Solyndra was a massive blot in the DOE’s track record of […]

While US Solar Installers are expanding rapidly as solar power grows at a rapid pace across the country, the Sunshine state Florida refuses to adopt legislation to promote solar energy. The state has less than 5% of the country’s total solar power capacity and managed to installed just 3 MW of solar power, a state […]

The news report on Department of Energy informing of Abound Solar demise surprised many people and led to the usual media excitement of Obama’s faulty loans to cleantech companies. However to any solar industry follower it was an expected death and the only surprise was that it took so long. Chinese solar crystalline panel prices […]

Solar Panel Manufacturers in USA are facing a torrid time from the falling prices of Chinese solar panels.This has caused the bankruptcies of some big solar panel companies in recent times like Solyndra,Spectrawatt and Evergreen Solar.Only those solar panel companies with the lowest cost and good quality will manage to survive the price war in solar panels that is currently on.Most companies are running losses as the prices of solar panels have decreased by 40% in 6 months.This would cause any industry to see massive bankruptcies and this is the case with the solar panel industry as well.Note Solar Industry is a new one with rapid technology and cost changes which makes startups with bad business models go bust.This is a natural effect of capitalism and nothing to be afraid of .However you have to be careful of which solar panel manufacturer to buy from as your 25 year solar panel warranty will become useless if the solar panel manufacturer from which you brought the solar panel goes out of business.On the Bright Side the sharply declining costs of solar has made it the biggest advantage of using solar power.