As prices for individual photovoltaic (PV) panels fall and company revenue numbers drop, solar power may be facing a long and difficult transition on the path towards grid parity.
Released Tuesday morning, SunPower’s second quarter 2011 results illustrate the broader struggles that is many of the players in the global solar business. The company lost $147.9 million for the quarter, as compared with only a $2.1 million loss the in the first quarter of 2011 and a $6.2 loss million in the second quarter of 2010. Keep reading →