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Solar businesses alive and well in New Mexico

October 9, 2012 • State News

ALBUQUERQUE, N.M. (AP) — New Mexico’s solar manufacturing industry is alive and well despite a market glut of solar panels that forced one producer to close its doors.

The Albuquerque Journal reports (http://bit.ly/Q7wmn3) that most of New Mexico’s solar manufacturing businesses aren’t making solar panels and instead are building mounting platforms, solar-tracking systems and other components for solar installations that are in high demand.

A market glut, low demand in recession-strapped Europe and a flood of cheap Asian imports are driving down solar panel prices and creating intense competition among Login to read more

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