A number of challenges has been facing the RE sector. Although much of the world is into RE, even as of 2011 a number of negative things happened to the PV business:
- DOE loan guarantee investigations
- The dawn of a solar trade war between the U.S. and China
- Crashing solar stock prices
- First Solar losing its CEO in a poor executive transition; its stock tanks
- China owning the U.S. in cleantech
- Solyndra, Spectrawatt, and Evergreen bankruptcies
- Incentives for wind and solar being reconsidered in the U.S. and across the globe
- The Beacon Power flywheel bankruptcy
- Ener1 delisted; Westinghouse Solar under threat of delisting
We hope the industry overcomes these challenges and growing pains
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