GE Stalls Solar Factory Construction

Add another solar factory to the list of closures and delays that have been plaguing the industry. Solar startups, including Solyndra and Abound Solar, a recipient of government funds that declared bankruptcy last week, have been failing left and right in the face of low solar panel prices. Now GE has reportedly stopped work on its planned 400-megawatt solar panel factory in Colorado. It says it needs to improve the power output of its technology if it’s to compete.

It was thought that a company like GE, with its deep pockets, might be able to scale up production to the point that its thin-film solar panels could compete with silicon. The reports throw this into doubt. It might be that both low cost and at least comparable efficiency levels are needed to compete.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

QuickBOLT - Expand Your Services

QuickBOLT - Expand Your Services

Explore new lines of income for your solar installation business with QuickBOLT's Stone Coated Steel roof mounts designed in partnership with metal roof manufacturers themselves. These SCS roof mounts work on all metal tile profiles and will help you bring in money you're missing out on. By not driving into the roofing material, QuickBOLT's Stone Coated Steel roof hooks maintain the integrity of the roof. Install with ease and confidence knowing your roof is protected against the harsh elements that these hooks are designed for.