Thin Film Solar Carnage – 9 of the 15 Biggest Companies have disappeared

by / Tuesday, 11 December 2012 / Published in Smartgrid-CI Blog

Thin film solar technology has seen most of its proponents go bankrupt one by one.
In fact 9 out of the 15 thin film companies which we profiled 2 years ago are gone now. While a couple of these solar thin film panel makers have been bought by Asian conglomerates (mostly for a fraction of their value), the others have simply disappeared without a trace. Alongwith their bankruptcy, billions of dollars of private equity, VC and even government money has been lost. Crystalline silicon solar panels technology has killed most its solar technology competitors with even solar thermal and CPV companies folding up in droves.
Sneha Shah
[READ THE WHOLE STORY HERE]
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