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 […]
Big Chinese state owned companies are gobbling up financially strained Western solar firms as a massive overcapacity in global solar panel supply (caused by their brethren) drives them to bankruptcy. Note thin film startups like Ascent Solar, Heliovolt have already seen Asian companies taking a controlling equity stake. Now Chinese state owned companies which do […]
Sharp Solar Panels There have been hundreds of solar bankruptcies in the last couple of years as solar panel prices have gone down by almost 65% and ASPs have approached the COGs of the lowest cost solar panel manufacturers. However the big Japanese solar panel manufacturers have remained insulated from this wave of failures as […]
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 […]