28 Apr '17, 12am

Big Solar is Struggling, and That’s Okay https://t.co/cQhNks8LYR

Big Solar is Struggling, and That’s Okay https://t.co/cQhNks8LYR

Several national residential solar brands have faced financial hurdles over the past year, but, with system offerings that often come at a price premium over smaller local installers, that may not be a bad thing for consumers. Even as the residential solar sector continued its trend of strong annual growth, expanding at a slowed but still impressive 19 percent in 2016 , two major national brands declared bankruptcy, creating waves of uncertainty throughout the big solar industry. About a year ago SunEdison , one of the largest renewable energy companies in the country, filed for bankruptcy. It has since been broken up and sold-off to the highest bidder. Just last month, Sungevity followed suit, declaring bankruptcy and shedding more than 300 employees. Energy giant NRG also scaled back its solar operations to concentrate on commercial and utility-scale solar, and strugglin...

Full article: http://www.renewableenergyworld.com/ugc/articles/2017/04/...

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