Friday, April 6, 2012

The death spiral of solar bankruptcies (& counting)

The solar death spiral has been long and ugly. Over the past year, there have been over a dozen stalwarts and startups that have headed to bankruptcy court.

Two companies even filed for bankruptcies in this week alone: manufacturer Q-Cells, which was the worlds largest solar cell maker in 2008 and power plant developer Solar Trust of America, which just a year ago was on its way to build a few gigawatts of solar projects in the American Southwest.

Read the rest of the article at Gigaom

No comments:

Post a Comment