Has solar power become a profitable industry?



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    According to businessweek.com, most solar panel manufacturers are generating profit, although three U.S. manufacturers recently declared bankruptcy in the same two-month period. Solyndra’s bankruptcy has had particular effect on the reputation of the industry because it received a $528 million federal loan, making its bankruptcy status both a scare for investors and evidence against subsidized clean energy projects. However, larger companies are also beginning to enter the market, which will eventually make solar power more affordable, which should only make the industry stronger.

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