Solar Industry Financial Woes
European subsidies, mostly in Germany, led to massive expansion of the companies green energy industry
By Jack Dini —— Bio and Archives--December 6, 2017
Global Warming-Energy-Environment | Comments | Back To Full Article
Germany's last remaining major solar manufacturer, Bonn-based Solarworld, earlier this year announced it would file for bankruptcy. Solarworld's demise was the last in a spectacular series of solar manufacturer bankruptcies that swept across Germany over the past year, with names like Solon, Solar Millennium and Q-Cells going under. 1
Up to 100 solar PV firms in Japan could face bankruptcy this year, with more than double the number of firms going bust in the first half of the year than in the same period in 2016.2
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