Interesting article on Greentech Media about the outlook for VC investment for solar. While 2009 was a tough year compared to 2007-08, money for thin-film dried up considerably. The ship has sailed on start-ups needing funding to build huge factories. They will have to be creative in order to survive, i.e. explore new ways to market or throttle back their plans.
The companies that received funding early on now have to deal with a quickly contracting market and hence more competition. I personally think they are at a crossroad. Thin-film won't go away, there is a place for it. These companies just need to figure out a way to bring down the price (compared to silicon based PV) and most importantly prove the long term reliability of their product.
You can read the article here:
http://www.greentechmedia.com/articles/read/Thin-Film-Solar-Investment-Dries-Up/
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