In response to the US investigation of the supposed dumping by Chinese solar panel manufacturers, China’s Ministry of Commerce announced that it would also start an investigation on US subsidies and policies regarding the renewable energy industry.
The solar power industry in the United States will still continue to get support from the government even after the debacle with Solyndra. Favorable government measures would still make solar power cost-competitive with other energy sources.
The United States Commerce Department said that it would start a probe on whether Chinese companies sell their solar panels in the country at unfair discounts as well as receive government subsidies illegally.
The barren Mojave Desert would become home to large solar power plants once the construction is completed. The electricity generated from the desert would be enough to power millions of homes.
The federal government gave the solar power industry support because the sector promised to provide three things to the United States. These are jobs which the country needed immediately, development of an American solar industry that can compete on the global market in the near future, and reducing pollution in the atmosphere for the long […]
Solar equipment manufacturers based in the United States want the government to impose taxes on more than $1 billion Chinese imports. They joined the clamor from the wind power industry to seek compensation for the unfair state aid given to foreign companies.
While most solar power related companies are coping with lower margins these days, solar inverter manufacturers are not suffering at all. Unlike other companies in the solar industry, solar inverter makers have some insulation from competition despite the weak economy.
The Washington Redskins unveiled a solar power installation for its FedEx Field, which is said to be the largest solar power system utilized by a NFL stadium. The switch was turned on during the halftime of last Sunday’s game against the Arizona Cardinals.
After all the bad news regarding solar companies in recent times, here’s something good this time. Chevron unveiled its solar power system in an oil field in California.
Republican Representative Darrell Issa, chairman of House Oversight and Government Reform Committee, said that the government made a bad decision in giving loans to solar panel manufacturers and predicted that the solar panel industry could collapse in the near future.