Embedded Systems Conference
Breaking News
Comments
Newest First | Oldest First | Threaded View
DrQuine
User Rank
Author
re: First Solar to slash 2,000 jobs
DrQuine   4/21/2012 2:25:30 PM
NO RATINGS
The Chinese ENN Group is planning to build a "$5 billion solar energy complex ... to manufacture solar panels on the site and then operate a solar farm generating 700 megawatts of electricity" in Laughlin, Nevada (Business Week, April 9, 2012, pages 38-39). If successful, this would be the largest solar power plant in the US. Perhaps by the time the plant is completed, the panel production costs will have come down low enough to be cost effective for installation elsewhere.

DrQuine
User Rank
Author
re: First Solar to slash 2,000 jobs
DrQuine   4/21/2012 2:32:06 AM
NO RATINGS
Most important lesson for solar panel companies? Create a manufacturing environment which can rapidly adapt to new technologies as more efficient power generation technologies are developed. Every breakthrough technology needs an production line...

selinz
User Rank
Author
re: First Solar to slash 2,000 jobs
selinz   4/19/2012 9:07:39 PM
NO RATINGS
Given todays energy prices, the payback period barely falls withing the expected lifetime of the panels. If energy increases by a factor of 2 or 4, the game should change...

krisi
User Rank
Author
re: First Solar to slash 2,000 jobs
krisi   4/19/2012 2:36:08 PM
NO RATINGS
I agree with @KarlFredrik, once excess inventory is used at some point solar cell market will turn around, the only question is when...Kris

KarlFredrik
User Rank
Author
re: First Solar to slash 2,000 jobs
KarlFredrik   4/18/2012 1:11:58 PM
NO RATINGS
"Is this going to be the next Solyndra?" First Solar is a real company with a proven track record and is so far the cost leader. They won't go bust. This is probably related to the enormous overproduction of chinese Si solar cells that has been dumped on the market the last year or so. The supply is much larger than the demand and pretty much all solar companies need to get rid of their excess supply and slash production until things clear out independent of their market position.

mcgrathdylan
User Rank
Author
re: First Solar to slash 2,000 jobs
mcgrathdylan   4/18/2012 6:54:25 AM
NO RATINGS
Apparently. It sounds like the company's sales for a time justified growth, but the market dried up.

GF2012
User Rank
Author
re: First Solar to slash 2,000 jobs
GF2012   4/18/2012 4:16:42 AM
NO RATINGS
You fail to mention that First Solar took $4.49 BILLION worth of government loan guarantees. How much of that did they actually receive? What were the conditions? Is this going to be the next Solyndra? Quote: Ahearn said that, following a period of growth, First Solar was scaled to operate at higher volumes than was currently available. Did they actually think the market was going to take off like the DoE and this administration thought it would?



Radio
NEXT UPCOMING BROADCAST
IoT Network Shoot Out
July 16, 1pm EDT Thursday

Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.

Brought to you by

Flash Poll
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Special Video Section
Chwan-Jye Foo (C.J Foo), product marketing manager for ...
The LT®3752/LT3752-1 are current mode PWM controllers ...
LED lighting is an important feature in today’s and future ...
Active balancing of series connected battery stacks exists ...
After a four-year absence, Infineon returns to Mobile World ...
A laptop’s 65-watt adapter can be made 6 times smaller and ...
An industry network should have device and data security at ...
The LTC2975 is a four-channel PMBus Power System Manager ...
In this video, a new high speed CMOS output comparator ...
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.