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Ardour Solar Index: Oversupply drives down pricing, and Solyndra questions continue to muddy the waters.
The Ardour Solar Index cratered in September, dropping 41 percent on the combination of weak fundamentals and damaging headline news. The Solyndra bankruptcy debacle put pressure on the DOE Loan Guarantee program, which jeopardized some conditional loan guarantees. SolarCity’s SolarStrong project and FSLR’s Topaz project were some of the casualties, receiving notice that their guarantees …
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