It is a rough time to be a startup in the Solar Photovoltaic sector. The financial crisis and deep recession has not only dried up capital, but has also hit demand for solar panels, which has lead to a global supply glut and a price collapse. In this very difficult environment startups must compete with much larger established global suppliers that have factories of hundreds of megawatts each, an established customer base and well developed brand names and sales channels. In this post we look at five promising CIGS thin film Solar PV startups based in the US and try to catalog their unique strengths and accomplishments.
In this survey we are looking at the large US headquartered solar PV manufacturers with a view to examine how they are doing in this difficult economic climate. As basically anyone knows, who has not been cloistered away meditating in some cave, 2009 has been a very tough year for pretty much everyone.