Why is there so much investment and M&A activity in an industry plagued by bankruptcy? The answer is that solar energy is now on a growth path that will make it the energy story of the 21st century. How could bankruptcy lead to such fantastic growth? I say it all started with Solyndra.
Politicians like Mike Turner willfully sling about phrases like "the big hand of government" and "despotic solar subsidies" while ignoring the fact that increasing numbers of conservatives are adamantly pro-solar.
The U.S. created the solar industry, yet today, China accounts for three-fifths of the world's solar-panel production and exports 95 percent of its production. Against this backdrop, an epic battle is occurring.