I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
Albuquerque Journal science writer John Fleck highlighted a story from Bloomberg News about the downturn in the solar panel industry today.
Bloomberg writes, “Global supply of solar panels will exceed demand this year, keeping prices under pressure, as renewable energy investors struggle to fund plants and recession-struck households rein in spending, Commerzbank AG said.”
Fleck writes:
With three solar companies ramping up in Albuquerque, or at least trying to (Schott, Advent and Signet), the solar business is suddenly our business.
Bloomberg continues with the grim news on the solar panel industry.
“Solar stocks have plunged since October when credit conditions tightened, forcing solar-plant developers to cut equipment orders,” Bloomberg reports. They say while consumer demand in Germany will help mitigate some of the shortfall in industrial demand according to module makers and installation companies, “that may not be the case in the remainder of this year, Commerzbank said in a note to clients today.”
