Suntech Power, the large Chinese solar panel maker that filed for bankruptcy last month, isn’t the only solar company teetering on the edge. Almost all of the world’s largest solar panel makers are in danger of going bankrupt within a year, and the downturn is having an impact on innovation.
New solar cell technologies developed at these companies and at startups are stuck on the shelf or in low-volume production while manufacturers put off buying new equipment to make new kinds of solar cells. These companies are focused instead on finding ways to reduce installation costs and making incremental improvements to increase power output of conventional, now commoditized, solar technology.
To read the full, original article click on this link: Suntech’s Bankruptcy Means Dark Times for Solar Innovation | MIT Technology Review
