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parity
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re: Solar cell maker files for bankruptcy
parity   8/16/2011 3:53:59 PM
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The entire premise that solar cell production would succeed in the US was never convincing. When we move complex sub 90nm products off shore for cost reasons, how does making macro diodes (solar cells) begin to make sense? There will be start-up companies eager to lap up/exploit local or federal incentive dollars, but never with a serious intent of manufacturing here.

selinz
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CEO
re: Solar cell maker files for bankruptcy
selinz   8/16/2011 3:19:52 PM
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oops, meant unlikely to be the last.

selinz
User Rank
CEO
re: Solar cell maker files for bankruptcy
selinz   8/16/2011 3:19:33 PM
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Well, if you look at how every solar company is struggling to make their product economically attractive, this is unlikely to be the first. 200watts per square meter. that's 2kw/hr day per square meter. Or $0.30/day payback.. Now, how much is that 1meter panel? Ya, payback is long which is why the companies need subsidies.

mcgrathdylan
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Blogger
re: Solar cell maker files for bankruptcy
mcgrathdylan   8/16/2011 3:07:36 PM
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I think it's important not to draw too broad a conclusion from this one particular situation. This solar cell company failed. I'm not sure why, exactly, but there are many reasons that companies from all industries fail (mismanagement, bad technology, incompetent sales force, bad luck, etc.) There are many companies in the U.S. focused on solar and other renewable energy technologies. Some of them are doing quite well. As with any industry, there will be winners and there will be losers. In my opinion, you can't simply look at the fact that one solar cell maker filed for bankrupcty and conclude that "green" companies are not creating jobs or that President Obama's statements with regard to the promise of renewable energy for the U.S. economy will not prove to be accurate.

DrQuine
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CEO
re: Solar cell maker files for bankruptcy
DrQuine   8/16/2011 1:44:39 PM
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We keep hearing about radical new methods for manufacturing low cost solar cells. Was Evergreen Solar Inc displaced by a more innovative solution or were they a casualty of premature withdrawal of government subsidies?

Tunrayo
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Rookie
re: Solar cell maker files for bankruptcy
Tunrayo   8/16/2011 1:18:53 PM
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What ever happened to all the promised Government incentives for "Green" companies? I thought Obama made promises that a unique way he would create more jobs was throught these "green" companies.

goafrit
User Rank
Manager
re: Solar cell maker files for bankruptcy
goafrit   8/16/2011 1:52:45 AM
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They will open a new office in China next month because Chinese investors will come. U.S. is just allowing things to happen for an industry it invented. To bad

resistion
User Rank
CEO
re: Solar cell maker files for bankruptcy
resistion   8/16/2011 12:15:03 AM
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Yes, this is the story we all wanted to avoid..

krisi
User Rank
CEO
re: Solar cell maker files for bankruptcy
krisi   8/15/2011 11:37:39 PM
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So unfortunate...first use tax relief to develop the technology in US...and then transfer it for pennies on a dollar to Chinesses investors...Kris

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