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Solar power has record year despite bankruptcies

2013-03-15 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CNN: It was a record year for solar installations in the United States in 2012, boosting an industry still struggling with consolidation and bankruptcies. Over 3.3 gigawatts of solar power were installed last year, according to a report Thursday from the Solar Energy Industries Association, a trade group. That's enough to power about 500,000 homes, and it was a 76% increase from 2011. The industry credited the jump to the declining price of solar panels, stable tax incentives and better financing...

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