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Monday, October 8, 2012

China’s Solar Woes Make Solyndra Look Like Small Potatoes


$1 loss for every $3 of sales. The joke at a previous company I worked for, was the strategy was make it up with volume. This same company's hr department got an award for RIF'ing - laying off - an entire building in a day.

One one hand, it's amazing how much prices have fallen for solar, 75% since 2008. And 2/3rd's of the Solar cell manufacturing capacity is in China.

China’s Solar Woes Make Solyndra Look Like Small Potatoes - Via Meadia

And the US also claimed anti-dumping against Chinese Solar Manufacturers.  And subsidies across the world are being reduced for solar.

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