Just goes to show that without large government subsidies (ie: your and my money collected as taxes) alt.energy is always a failing proposition for baseline generation.
From Yahoo/Finance:
SunEdison to file for bankruptcy as early as Sunday night -source
Solar energy company SunEdison Inc is preparing to file for bankruptcy as early as the evening of April 17, a person familiar with the matter said on Friday, nine months after its market value had reached $10 billion.
A SunEdison spokesman declined to comment.
Such a move would represent a fall from grace for the former darling of Wall Street and the renewable energy sector, whose rapid, debt-fueled expansion with solar and wind energy plants around the world proved unsustainable. The company's market value as of Friday was $117 million.
The sooner we stop trying to promote solar and wind, the sooner we can get cheap electricity again. alt.energy is a financial rat-hole - money spent on it is money wasted.
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