SAN FRANCISCO Solyndra files for bankruptcy. BrightSource Energy cancels its IPO. SolarCity’s IPO prices at little more than half of what the company had originally planned for and during the roadshow bankers for the panel installer play up the company’s consumer finance angle to distance it from a number of high-profile failures in the sector.
Investors in the solar industry and clean technology in general have been skittish and the industry’s been plagued by bad headline after bad headline in the past year.
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