Sun Edison considering bankruptsy

Steven Lake
Steven Lake Solar Expert Posts: 402 ✭✭
in General Solar Power Topics #1
http://fortune.com/2016/04/09/financial-turmoil-at-sunedison/

It looks like another solar company is about to go down like the Titanic.
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  • BB.
    BB. Super Moderators, Administrators Posts: 33,681 admin
    #2
    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
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  • oil pan 4
    oil pan 4 Solar Expert Posts: 767 ✭✭✭✭
    #3
    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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