Beleagured Chinese solar giant, Suntech Power, was once the largest solar maker in the world. This week the company was forced into bankruptcy. But it’s not all bad news.
In a surprising move, President Obama called out the need to fight climate change and transition to cleaner energy sources in his inauguration speech on Monday morning. While Obama’s first term provided many resources for clean energy, the administration’s support became controversial and politicized.
Alta Devices has spent the past year courting the military with its highly efficient solar cells, which could go into mobile chargers to help lighten a soldier’s pack.
The U.S. International Trade Commission (ITC) sided with U.S. solar manufacturers in a dispute that Chinese solar cell makers have been benefiting from illegal subsidies. As a result Chinese solar makers will face tariffs.
A regional winner of the Cleantech Open hopes to win over investors with an idea of designing factory equipment to make super efficient solar cells. But given the dark clouds that hang over the solar manufacturing business, the startup will need more than luck.
What’s new with venture-backed solar thin film maker HelioVolt? The company has stayed fairly quiet since a big funding announcement last fall and is taking part in a small project in its hometown of Austin, Texas.
GE was set to become a major solar manufacturer when it announced a 400 MW factory in Colorado last year. Over a year later, though, it’s putting that plan on hold for 18 months or more while it works on coming up with more competitive technology.
Here is another obit of a solar startup: Abound Solar, a thin film startup which secured a $400 million federal loan guarantee to expand production, is shutting down and filing for bankruptcy, the DOE said Thursday.
Solexant, a Silicon Valley solar thin film startup that once plotted to build its first commercial-scale factory in Oregon, has quietly raised a $30,000 round.
The past year has been difficult for solar panel makers as many of them shuttered factories and filed for bankruptcies. The latest sign of this bleak time comes from a Tuesday announcement by Abound Solar, which is now suspending production and letting go of 180 workers.