Word: sunedison
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...question is, are they enough? Even as the environmental community prepares to celebrate the inauguration of perhaps the first truly green President, the renewable energy industry - especially young solar manufacturers - is struggling to survive. The recession has already claimed victims: Three Western solar manufacturers, OptiSolar, HelioVolt and SunEdison, are reportedly cutting jobs in the face of declining demand. Where there was a glut of orders for new solar systems as recently as the past summer, prices for rooftop solar arrays have dropped 8% to 10% since October, and are likely to keep falling this year. Layoffs are happening even...
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