A shake-up in solar sector has bright spots for the UAE
13 Sep 2012

This has not been a good month for the solar power industry. In recent weeks four international solar power companies have gone bust.

Among them is Solyndra, which collapsed amidst great fanfare. The California-based company had been a sweetheart of the US clean energy movement, and had received US$1 billion (Dh3.67 billion) in venture funding and over $500 million in US government-backed loans.