Did Solyndra hurt solar development in the US?
You may have heard this by now, but Solyndra filed for Chapter 11. Yes, that is bankruptcy. When I heard about this government backed company, I thought okay we are going down the right path. We are now investing in companies making solar solutions. My optimism came crashing down when I heard the Chapter 11 news. This is more ammunition for fossil fuel enthusiasts. The truth is our infrastructure for fossil fuels are very safe and stable. We have invested tons of money and decades making it safe. Clean energy has a lot overcome to be the primary provide in the States.
I would say yes, Solundra did hurt the industry. Below is a quote from an article on Rueters. [Full Article]
“A big part of what we’re trying to do is correcting the record,” said Rhone Resch, president of solar trade group the Solar Energy Industries Association, said in an interview. “You can’t judge an industry by the bankruptcy of one company.”
There you have it. We are in damage control mode right now. This is straight from the SEIA. Hopefully one day our landscape can be look like the picture below, clean and renewable.
