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Energy2: Solar Industries, Brutal Global Price War, Leds To Bankruptcy
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Nov 14 2011 12:00 AM | eds in Ed's Articles
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The solar industry is in the midst of a brutal global price war
. . . which has led to the bankruptcy of 4 U.S.-based solar producers,
. . . including the high-profile collapse of government-backed Solyndra.
GE's product is designed to compete well on price
. . . by using low-cost thin-film materials
. . . which are relatively efficient at converting sunlight to electricity.
The panels themselves are light and large
. . . which lowers the cost of related components,
. . . such as racking systems.
Quote
The solar industry is in the midst of a brutal global price war
. . . which has led to the bankruptcy of 4 U.S.-based solar producers,
. . . including the high-profile collapse of government-backed Solyndra.
GE's product is designed to compete well on price
. . . by using low-cost thin-film materials
. . . which are relatively efficient at converting sunlight to electricity.
The panels themselves are light and large
. . . which lowers the cost of related components,
. . . such as racking systems.
