Recession Could Cut Solar Industry in Half by 2010

These are tough days for makers of solar cells. While we rejoice that the cost of solar panels is going down fast, bringing closer the day when more of our power can come from the Great Big Fusion Reactor in the Sky, solar cell manufacturers are getting a double-whammy: Lower prices combined with lower demand (mostly because of the economic recession) are making them bleed red ink. Things are so bad that a market research firm is predicting that "50% of existing solar manufacturers may not survive 2010". Read on for the details...Treehugger