GTM Research says many PV solar panel makers will go under or be acquired soon. The global marketplace is simply over-saturated, the company’s report states, so dramatic changes are coming. The difference in PV supply and demand could be 35 GW a year. About 88 companies are predicted to shutter … [continued]
News of bankruptcies and downsizing aside, investors continue to put money to work in the solar power market. Venture capital funding, debt financing, and solar project M&A all increased in Q2, while 13 new solar-focused, clean tech investment funds were announced, according to Mercom Capital’s Q2 report. […]
BrightSource Energy — solar utility juggernaut — appears to have won the bidding on an auction for the 500-MW Palen solar project in California, which was being sold by Solar Trust of America LLC after the company filed for bankruptcy in April. Sources suggest that BrightSource Energy was the … [continued]
