Chart: 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. Here’s our chart:
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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. Here’s our chart:
A day after announcing an abrupt departure of its CEO, First Solar has some good news that is helping to stem the rapid dive of its stock: pretty good third quarter earnings.
Two and a half years ago we covered Canadian solar startup Sixtron Advanced Materials, which developed an anti-reflective coating system for solar cells. Fast forward to 2011, and Sixtron’s website is gone, its phones are discontinued and the company auctioned its assets off to pay creditors.
The solar factory shutdown trend continues with the announcement by Germany-based SolarWorld on Friday that it will shutter one of its factories in the United States to cut costs.
The tale of Evergreen Solar — which recently filed for bankruptcy — matters because the company fell victim to shifting forces that are redefining the solar industry. Adam Lesser, our GigaOM Pro Green IT curator, lays out the growing pains for the PV industry.
One year ago, two key trends dominated the solar industry: economic uncertainty and scarce credit. If solar companies were to survive, they…
Outright and Expensify, web apps that we’ve covered previously on WWD, are joining forces to make expenses management even simpler. As Jennifer…
Everyone and their mother are touting the benefits of more green jobs on the world’s economies. That is, unless you happen to…
Solar companies have spent the past few weeks reporting their latest quarterly results, and the sector is looking battered. Many big names…
Solar companies are painting a mixed picture of the sector’s health this month, with some companies surprising with strong results for the…
Today IBM (s IBM) announced that six universities are using its cloud computing expertise to set up and manage clouds located in…
China’s Suntech Power Holdings (s STP) announced a big milestone today, hitting 1 gigawatt (GW) of photovoltaic cell and module production capacity…
Hard on the heels of a brutal year for solar stocks, the early days of 2009 are so far putting out a…
Many are glad to have shut the door on 2008. Few are likely to be happier than solar-power companies. Of the six…
Layoffs have become the dominant story as we near the end of 2008. After writing about the cold economic realities for companies…
Remember those tens of millions of shares that Lehman Brothers held in solar companies as part of convertible bond deals it underwrote?…
Like Jehovah’s Witnesses knocking at the front door, a breakout the night before the big dance and other annoyances, one would think…
The turmoil on Wall Street has until now had a muted impact on clean technology, but that’s starting to change. Some solar…
Solar stocks have been down across the board this week, thanks to reports that Spain is considering cutting solar subsidies. Even a…
Silicon supply worries and the slowing macroeconomy may have left solar stocks in volatile territory lately, but big manufacturing deals can still…
You Blackberry owners can rejoice with the release of IM client, Instango. Instango works with GTalk, ICQ, Yahoo, AIM, MSN, QQ, Jabber…
When I see folks like AT&T Mobility’s CEO say the iPhone “totally and completely mobilizes your data” now that it’s 3G-capable, I…
You’d think by now we’d have see everything when it comes to screen image capture software for OS X. While Apple provides…
With the President talking green in the White House Rose Garden, you might think that investors in solar stocks would be in…
People are still launching micropayment and phone payment solutions. The latest to come to our attention is Obopay, which is centered on…
John Hill of Allegiance Technology has just let us know that since the LS800 has been discontinued that Motion is letting him…
How super was Super Tuesday for sites covering the primaries with live video? CNN.com had a banner day, and served 2.7 million…
Solar stocks have largely cooled in the month of January, thanks to a chilly combo of a short silicon supply and fears…
Amazon scored another win for themselves and for consumers today with the announcement that Warner tunes will be DRM-free on the Amazon…
Online video funders from top VC firms sound off about why they are or aren’t investing in the finicky world of content…
Does your to-do list still consist of a bunch of post-it notes strewn around your desk? Even if you’ve already moved to…
We’re all still waiting for a usable fuel cell solution, but maybe we’re a step closer. PolyFuel just announced that their latest…
Since Steve Jobs announced the switch to Intel nearly two years ago, it’s been continually rumored that Macs would gain the ability…
After spending $680 million to scoop-up Right Media, Yahoo today announced a deal with Comcast to sell display and video advertising on…
I hate transparency. Only recently, though. I used to love it. And Mac OS X is littered with it. It’s everywhere –…
Level 3 is cutting 12% of it workforce, a move it expects to save the company $60-to-$70 million a year. Why the…
New Mexico’s San Ildefonso Pueblo will receive a $472,906 grant from the U.S. Department of Agriculture’s Broadband Community Connect program. Slowly, broadband…
SanDisk recently announced two new media card readers in the MobileMate line. The MobileMate SD+ 5-in-1 reader supports SD™, MiniSD™, MultiMediaCard™, RS-MMC™…
Foundry Networks just lost its CTO, Karl Triebes to F5 Networks. What gives? Silicon Valley insiders say that it might be something…
Outsourcing has become such a hot button topic, that sometimes we often overlook the upside. While not a supporter of the trend,…