After Solyndra: finding opportunity in the shifting solar industry
Solar companies worldwide will remember 2011 as a dark time in their history; the failing of Solyndra symbolizes that market volatility, and 2012 no doubt started with trepidation, writes Ucilia Wang in a comprehensive report on the solar industry in 2012 for GigaOM Pro (subscription required).
But as we have mentioned before, the industry has survived nonetheless. GigaOM Pro’s latest report analyzes the current state and future concerns of the solar industry, with a particular focus on the photovoltaic industry and the U.S. market. From the silicon companies to inverter manufacturers to government venture money, here is what to expect as the industry marches toward its uncertain future.
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I don’t know what it will be like to the solar industry in 5 years, but it doesn’t look good:
- impossible to compete with Chinese manufacturers on price
- European countries are cutting industry subsidies
I see more solar companies going out of business in 2012…