Why BP Solar Failed

Why BP Solar Failed

After a 40 year run, it's giving up in the face low cost manufacturing in Asia, and its inability to innovate.

Kevin Bullis 12/21/2011

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BP Solar, which has roots going back decades to the early days of solar panel manufacturing, can't compete in a difficult solar panel market, so it's closing its doors, according to reports. It joins a number of other solar manufacturers, including famously the U.S. government-backed Solyndra, that have failed during difficult times for the solar industry.