Re: How to turn a large fortune into a small one: Miasole acquired for $30 million
Originally Posted by GEC
So do I understand that we are looking at an artificially depressed market for solar panels and that they will soon shoot up in price as everybody discovers that there is no actual market for them?
No, it is that the economics of solar PV at this point in time are very poor once the subsidies are removed.
There is still a market for them - but it will remain small unless and until solar PV becomes competitive in its own right.
Other notes: whatever Miasole's technology may have been, the gigantic VC and tax credit investment into Miasole was mostly for the purpose of a production line, not R & D.
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