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SpectraWatt, which had hoped to improve solar-cell manufacturing, files for Chapter 11 bankruptcy protection, citing production problems and market conditions.
In a surprise move, solar panel maker SpectraWatt says it will shut its new New York plant and lay off workers, blaming softening demand in Europe.
Solar manufacturer Solon files for insolvency, the latest victim of a crushing price war in solar that has helped bring down at least three U.S.-based solar manufacturers.
Stirling Energy Systems, which once had giant utility contracts, heads to bankruptcy amid a price war and technology shift away from solar thermal and toward photovoltaics.
commentary Lux Research analyst Matt Feinstein cuts through the noise on bankrupt solar company, and says Solyndra's inability to compete should not diminish the prospects of other U.S. solar players.
Report shows that the pipeline for non-residential solar projects has jumped since the beginning of this year in part because of rapidly falling solar panel prices.
Solyndra received a big loan even though it couldn't keep up with the falling solar costs, but the loan guarantee program is still vital for scaling up new solar technologies.
A brutal 2011 has left the solar industry on the cusp of a major shakeout that will lead to many companies' demise; those that survive, however, will benefit later as demand for their services increases.
The American market for solar energy grew 67 percent to $6 billion last year, but the U.S. share of worldwide installations slipped due to booming growth across the pond.
In a big commitment to clean tech, Intel-funded SpectraWatt will manufacture solar cells for panel makers starting in the middle of next year.