Sun Edison considering bankruptsy
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Steven Lake
Solar Expert Posts: 402 ✭✭
http://fortune.com/2016/04/09/financial-turmoil-at-sunedison/
It looks like another solar company is about to go down like the Titanic.
It looks like another solar company is about to go down like the Titanic.
Comments
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Yea--We are entering a new world here... And the financial industry is figuring out how to separate the debts from the cash flow (imagine that)... The creditors get hosed and the cash generation part of the project can "make money" as long as government subsidies (higher than fossil/nuclear $/kWH costs) continue.
-Bill
Near San Francisco California: 3.5kWatt Grid Tied Solar power system+small backup genset -
How many millions of dollars did we give this one?
Solar hybrid gasoline generator, 7kw gas, 180 watts of solar, Morningstar 15 amp MPPT, group 31 AGM, 900 watt kisae inverter.
Solar roof top GMC suburban, a normal 3/4 ton suburban with 180 watts of panels on the roof and 10 amp genasun MPPT, 2000w samlex pure sine wave inverter, 12v gast and ARB air compressors.
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