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.
General Motors installed a Tracking Solar Tree at its Vehicle Operations Facility at Warren, Michigan. GM became the first auto manufacturer to utilize a solar tree, which can generate up to 30,000 kilowatt hours each year.
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.
According to Jifan Gao, CEO of Trina Solar, majority of solar equipment manufacturers may disappear in the next couple of years because of the decreasing prices that erode profit margins. This could drive the weaker companies out of the solar industry.
Facebook signed a deal with Cogenra Solar to install a cogeneration system in its head office located at Menlo Park, California. According to Cogenra, it would place photovoltaic solar panels on top of Facebook’s renovated fitness center.
SolarWorld installed solar power modules at Pittsburgh’s Phipps Conservatory and Botanical Garden Center for Sustainable Landscapes, which is located in Schenley Park. The installation can generate up to 125 kW from 250W Sunmodule solar panels that were placed on the roof and on the ground.
Google added another green badge on its sleeve with its announcement of a new $75 million investment that would help homeowners install solar power systems. This is the search giant’s second investment into residential solar installations.
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.
Solyndra’s problem has resonated across the solar power industry. Its filing of bankruptcy was followed by a FBI raid of its office.
During the opening of the fourth annual clean energy conference, Senator Harry Reid unveiled the plan for the first ever hybrid geothermal and solar plant. This would combine two of the most popular renewable energy sources in Nevada in a single power plant.