The Downfall of Uni-Solar and the Future of Solar Energy As We Know It
What the Greenville, Michigan solar company's downfall means for the future of solar energy.
It seemed like a classic "feel-good" economic story. A Midwest factory town loses its biggest employer but reinvents itself as a pioneer in green energy. In 2006, Uni-Solar, a solar panel manufacturing company came to Greenville, Mich., to open up shop. It brought hope and excitement to a beleaguered city. But now, is its economic future—based on the power of the sun—thick with clouds?
So what does Uni-Solar’s bankruptcy mean for the promise of a future filled with solar energy? For answers, we turn to David Biello, an associate editor of Scientific American. He's been reporting on energy and the environment for more than a decade and has been following developments within the solar industry.