Thursday, June 7, 2012
Update on solar
Update on solar - another solar technology company filed for bankruptcy - Konarka. They have been around a long time but haven't shipped much product compared to other solar companies. Stock prices of other leading solar companies are way down from their 52 week highs - companies like Suntech, Sunpower and First Solar. And the price for solar panels continues to drop - making it hard on these companies. Two solar companies have raised new money recently - to stay alive and in the hunt - NanoSolar and HelioVolt. Stay tuned - as there is lots of turmoil in the industry for the technology companies. As the price of solar panels drops it makes it less expensive to install on your roof - but the technology companies are all fighting for a smaller and smaller piece of the pie.
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