February 4, 2009
Panasonic announced today that they’re expected to post their first loss in six years with a forecasted net loss of $4.3 Billion, by year end March 31st, 2009.
The companies already taking extreme measures to neutralize the losses. They’ll be cutting near 5% of their workforce (a wopping 15,000 jobs) and closing down 27 factories……eeeeesh.
Will the [...]
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January 5, 2009
If it weren’t for the economy, Solar in 2008 would have been killing it, both in VC investments and stock prices. We saw large sums invested into CIGS (copper indium gallium diselenide) solar startups like Nanosolar, Miasole, and Solopower; bringing in over $200 million each. We also saw solar thermal (slightley less efficient than CIGS) [...]
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