SolarFail – Energy Conversion Devices

Energy Conversion Devices files for bankruptcy as solar energy lags [Detroit Free Press]

In the latest setback for the solar energy industry, Auburn Hills-based Energy Conversion Devices said today that it has filed for Chapter 11 bankruptcy and intends to sell its assets, including its main subsidiary United Solar Ovonic.


ECD has lost more than $765 million during the last two years.

No mention of government subsidies – thank goodness.

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