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May 4, 2012

China and Solyndra Are Killing the Solar Industry

Will Oremus, Slate


Bright Source Energy

This was supposed to be a happy time for BrightSource Energy. A year ago, on Earth Day 2011, the Oakland, Calif.-based solar-power startup announced plans to go public in spring 2012. The stock offering was hailed as a validation of the potential of solar thermal energy, a technology that holds the promise of powering homes and businesses around the clock. (Traditional photovoltaic solar panels transmit power only when the sun is shining.)

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TAGGED: Solar energy, Solyndra, Brightsource, government subsidies, California

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