The U.S. Cleantech Industry Is Struggling

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 23 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 68%

Cleantech Berita

Bankruptcy,Sunpower,Amazon

The U.S. cleantech industry has been hit by a wave of bankruptcies, with SunPower being the most notable casualty, as rising costs, delays in federal incentives, and increased competition have squeezed many startups.

U.S. renewable energy and cleantech companies have been struggling in recent months, with the highest number of such firms filing for bankruptcy since 2014. Many of the cleantech startups received support from investors and climate funds backed by Bill Gates or Amazon a few years ago.

Regulatory reforms in the state contributed to the weaker demand as they removed a large part of the incentives that drove people to put solar on their rooftops. SunPower was not the only victim of the troubles clean energy firms face. Battery start-up Moxion Power, which had raised $110 million, shut down in July and laid off all remaining 250 workers. Amazon invested in Moxion Power’s technology through its Climate Pledge Fund in 2022.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 34. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Hospitality bosses and health leaders clash over outdoor smoking ban amid fears for struggling pub industryHealth leaders and hospitality business owners have clashed over the government's proposed ban on cigarettes in pub gardens and other outdoor areas.
Sumber: LBCNews - 🏆 75. / 59 Baca lebih lajut »