A bankrupt northern Colorado solar panel manufacturer is facing further scrutiny. The Weld County district attorney’s office says it is investigating Abound Solar to see if the company intentionally misled consumers.
Which brings us to our next story. As Americans try again to heat up the solar industry, let's get an update on the competition. We reported last week on the West Coast solar power company that is trying to succeed where companies like Solyndra famously failed. American companies have struggled because they've been undermined by cheap imports from China. So it is meaningful to note that China's solar power industry is a mess.
We're going to talk about that with Beijing-based economist Patrick Chovanec. Welcome back to the program.
A small solar power company hopes to become a winner in a market littered with losers.
San Jose, Calif.-based SoloPower is opening a $60 million manufacturing facility in Portland, Ore., Thursday as it works toward receiving a major government loan — like the one given to now-bankrupt Solyndra. SoloPower thinks it has a strategy to succeed where Solyndra failed.
KUNC’s Erin O’Toole spoke with Boulder County Business Report Publisher Chris Wood about the failure of Abound Solar and the pending auction.
Equipment from bankrupt Loveland based Abound Solar is set to be auctioned off September 18th. Once a rising star in the solar industry, the company built solar energy panels and was backed by $70 million of Department of Energy loans.