VCs have avoided solar deals ever since Solyndra became a four-letter word. But while their attention has strayed, the industry has been on a tear. In 2010, U.S. solar installers hit a milestone of 1 GW per year. Five years later, they’re installing more than 1 GW per month. This tremendous growth has fed a swelling herd of solar unicorns populated by the likes of SolarCity, SunEdison, SunPower and more.
[Solyndra is not a four-letter word. I’ve researched the events and the market influences surrounding their failure. If you look at the oil companies who have received tax incentives and the market forces at play, you would have the same situation occurring now – bankruptcy. The difference is that the consumer benefits from a cheaper product (oil) because it is widely used, where as Solar; and Solyndra’s panels were a radically new design utilizing light from all angles, is a growing industry. Brooklyn.Solar ]