Akeena Fallout

Real Goods IPO Suffers From Akeena Solar Fallout

Interesting. Major point in uncertainty in the government support is never good for people planning to install solar. Plus the fact there is a credit crunch, making it harder to finance projects in the US. Not good for the US based solar industry.

Worrisome. From a Thomas Friedman Editorial - Dumb as We Wanna Be

Few Americans know it, but for almost a year now, Congress has been bickering over whether and how to renew the investment tax credit to stimulate investment in solar energy and the production tax credit to encourage investment in wind energy. The bickering has been so poisonous that when Congress passed the 2007 energy bill last December, it failed to extend any stimulus for wind and solar energy production. Oil and gas kept all their credits, but those for wind and solar have been left to expire this December. I am not making this up. At a time when we should be throwing everything into clean power innovation, we are squabbling over pennies.