American Solar Energy Society comments on Abound Solar bankruptcy | American Solar Energy Society

American Solar Energy Society comments on Abound Solar bankruptcy

“While solar installations in North America doubled and redoubled during Abound’s launch period, the plunge in solar module prices, led by very large factories in China, forced a number of American and European start-ups to slash prices before achieving full-scale production. Abound is, unfortunately, among them. “We’re encouraged that General Electric has chosen to build its Primestar Solar factory in Colorado, and confident that Abound’s valuable intellectual property and production equipment will find a home within the cadmium-telluride segment of the thin-film PV industry. “Every market study published this year predicts another doubling of solar installations, leading to long-term growth of about 40 percent per year over the next decade. Abound was a vigorous chapter in the early history of a thriving global industry.” Abound was founded on technology developed at Col...

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