In the United States went bankrupt one of the leading companies in the production of solar panels Abound Solar. Despite the support of the U.S. government providing loan guarantees for 400 million dollars, it was unable to sell their products. The process of liquidation of the company whose debt exceeds $ 100 million, officially began on Monday, reported today in the Alternative Energy Association of the United States.
Under the government guarantees Abound Solar, using Chinese technology, has received $ 70 million. The full amount of the loan she could not get, since last August, the federal Department of Energy has frozen warranty. This step has been associated with the introduction of a U.S. ban on the import and installation of solar panels from China.
U.S. manufacturers of solar panels, as emphasized by local experts are not able to compete with Chinese companies. They sell their products on the world market, "incomparably low prices." In addition, the authorities in recent years have drastically reduced the financial support is not effective enough, from an economic point of view, the project of so-called "green" energy.