Friday, September 21, 2012

ABB Pulls Investment from GreenVolts: Will this Trend Continue?

![](http://www.renewableenergyworld.com//assets/images/story/2012/9/21/body-abb-pulls-away-from-greenvolts-will-this-trend-continue.jpg) News of ABB pulling its $20 million investment in GreenVolts hit the SPI show floor last week, dampening the electric excitement of President Clinton's keynote address. With so much consolidation, solar company bankruptcies and disappointing political support for solar in the past year, it is difficult to see the future of solar power, and ABB is hitting its brakes before it witnesses another accident.

URL: http://www.renewableenergyworld.com/rea/news/article/2012/09/abb-pulls-away-from-greenvolts-will-this-trend-continue?cmpid=rss

No comments:

Post a Comment