SolarCity criticized for siphoning subsidies SolarCity (SCTY) which has become the largest solar residential installer in the USA, has come under frequent criticism of its unethical behavior in milking hundreds of millions of dollars in subsidies from the USA government. Its sister concern Tesla run by Elon Musk is also facing the same criticism. One […]
Chinese Companies to open factories in USA to avoid Duties The Chinese companies may look to shift their factories abroad, as major trade partners are imposing new duties and restrictions on Chinese solar product imports. USA is planning to close the loopholes with regards to the anti-dumping and countervailing duties it had imposed on Chinese […]
USA cannot have best of both the worlds USA is going bananas with its solar trade policy and seems to have little clue on what to do. The champion of the free markets has been going hammer and tongs against other countries in the solar industry. USA has already imposed tough anti -dumping and countervailing […]
US Solar market sees big time Consolidation Big US installers such as SunRun and Solarcity (SCTY) are rapidly expanding their geographical footprint in the USA by buying other installers and system equipment companies. SunRun has bought REC Solar and other Mainstream Energy companies to expand its base in Colorado. Note mergers and acquisitions by small […]
USA solar company First Solar has been facing issues of its declining solar system backlog even as its solar modules remain non-competitive with crystalline solar modules made by most of the Chinese companies. The company has been profitable during the downturn, thanks to the huge profitable DOE subsidized projects that it won earlier. But as these projects get […]
New Solar Panel Plants in US Small US solar panel maker Silevo Inc. plans to build a solar panel making factory in the US as it looks to capitalize on growing US solar demand. The company has a 32 MW plant in China and plans to expand capacity to 200 MW. Demand in the US grew […]