Solar firm files for bankruptcy | recordonline.com

HOPEWELL JUNCTION — SpectraWatt, the solar-cell manufacturer that began operating here in early 2010 to great acclaim, only to close a year later, has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy code.

The company is seeking court permission to auction off tens of millions of dollars worth of assets. SpectraWatt blames its failure on a combination of vendor disputes and competitive pressure from countries with higher subsidies and lower costs of production.

via www.recordonline.com

Comments

[Seres]

energy from solar panels can be sorted in batteries for when there is little sun light. its very expensive to install, maybe 8 grand upwards for home systems, hence its usually just used for heating up water etc.. but average *home* system can take on maybe up to 40% of that household's annual electricity useage.. it is rather expensive per square metre to buy as silicon is not so readily available to make it cheap.. but once its up there it doesnt need much maintenance except to clean it, etc.wind turbines are expensive to install but once up, not much maintanence is needed, checked up maybe every few years.. the energy can be sorted in batteries when there is no wind present.so, i guess its def not answer B and C.edit: wind and sunlight is free so it isnt expensive to *use*

[Claudine]

Actually, PV panels are inrcbdiely cheap right now.The only reason they appear expensive is when compared agaist fossil fuels, like oil, which are already becoming MUCH more expensive, and which will continue to do so for many, many year.Buy PV now, or kick yourself for not doing so later.

[Sasan]

The question was: are they retome controlled ?These model solar cars run on a thin fishing line, pulled extremely tight, and stretched about 3 mm above the track for about 20 m.Most cars use a single small eyelet, or a double eyelet (reversed from each other) near the front axle to keep the car on course. The single eyelet doesn't always do it (see video).

[plumbing supplies]

It can be maximize one of the best use for the solar energy that can be needed fully equipped facilities belonging it into them.

[plumbing supplies]

The subject isn't funny. The comments are not funny. The subject is real, the comments are real. There are Appraisers out there that care, and do not think reality is funny when it is a detriment to Appraiser Independence and most importantly the real estate market and economy.

[solar energy]

I wish them all the best. You should always be solid and very patient if you're in the solar industry.