Let's catch up!!!!

According to this article by the New York Times Silicon Valley's solar innovators like Solyndra, Nanosolar and MiaSolé dreamed of transforming the economics of solar power by reinventing the technology used to make solar panels and deeply cutting the cost of production. Billions of dollars have been invested in an attempt to make these companies the Apples and Intels of solar global industry. However, they have found out that the economics of the industry have already been transformed, by the Chinese.  As a result, California companies are struggling to survive.

“The solar market has changed so much it’s almost enough to make you want to cry,” said Joseph Laia, chief executive of MiaSolé. “We have spent a lot more time and energy focusing on costs a year or two before we thought we had to.”

This is a big wake up call, it shows that our society really needs to change to be able to stay ahead. Solar power is just one of the many areas where the U.S is loosing the battle against other nations such as China and India. We need a turning point.