Solar bellwether First Solar has two pieces of big news out of its earnings on Thursday: a new CEO with deep experience with conventional power and a new 5-year plan to transform the company into a power plant developer. Read more »
The dramatic news last Wednesday that the $3 billion U.S. solar industry bellwether First Solar was exiting subsidy-dependent markets and instead shifting focus toward utilities was a sobering indicator of what the subsidy environment will look like in the next few years. First Solar’s new strategy ... Read more at GigaOM Pro »
First Solar has had enough with subsidized solar markets and will bet its future on sales in countries in which solar companies that can provide low-priced equipment and engineering services will make money and stay in business, company executives said Wednesday. Read more »
Welcome to the future of DIY clean power and electric vehicles. Solyndra engineer Michael Ahern electrified a Volvo 240 that he bought on Craigslist for $150 and has been charging it up with Solyndra tube-shaped solar panels on his roof in San Jose, Calif. Read more »
