Luminalt’s CEO Jeanine Cotter is quoted in this article by The Bay Citizen’s Aaron Glantz, with additional reporting by John Upton and Sydney Lupkin.
The same factors that drove Solyndra out of business are actually helping solar expand
The surprise announcement Wednesday that Solyndra, the Fremont-based solar power company, would immediately close its doors prompted a round of gleeful I-told-you-so’s from Republican Party leaders who have long opposed the Obama administration’s green energy programs in general and the $535 million federal loan guarantee for Solyndra in particular.
But industry officials and analysts say the partisan knife fight obscures a larger point: that the very economic forces that helped drive Solyndra out of business — namely competition from Chinese manufacturers — are actually contributing to the expansion of solar power in California…Read More.