26 Dec '11, 12pm

2011 year in review: Solar energy has a great year

Solyndra did not kill the industry . In fact, the solar energy industry is expanding rapidly and has become a highly competitive, thriving industry in the United States. Solyndra’s high-profile bankruptcy in August was an anomaly in what proved to be the industry’s most successful quarter on record. Although Solyndra couldn’t compete, the rest of the industry grew by 140 percent in the last year and costs came down by 40 percent. America discovered that one company’s failure does not reflect an entire industry. In fact, 9 out of 10 Americans feel it’s important to develop and use more solar in the U.S., according to an independent national poll conducted a month after Solyndra declared bankruptcy.

Full article: http://redgreenandblue.org/2011/12/26/2011-year-in-review...

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