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Solarworld, Suniva, and Sunpower In Trouble. What Companies Are Worth My Business?

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  • Solarworld, Suniva, and Sunpower In Trouble. What Companies Are Worth My Business?

    Hello,


    Which solar panel manufacturer(s) currently seem to be the most financially solvent and/or a sound choice for honoring warranties into the future? In other words, which company would you trust with your money in a purchase right now?

    I have been planning the installation of a 14 kWh solar array for the last few years and am finally ready to throw my money down. Along the way I have been watching the ups and downs of the industry. Just recently Solarworld and Suniva filed for insolvency/bankruptcy, not to mention them both pushing a USA trade petition that could cause a domino effect of problems for the average consumer. Sunpower has similar financial woes. Ugh, those three manufacturers have been my preferred choice all along. I am not opposed to going with a company like LG, but is 20% higher cost worth it?

    For what it is worth, I am primarily interested in 300 watt or larger panels.


    Peace,
    Dr. Z.

  • #2
    Kyocera is about as stable as they get. Been around forever and honor their warranties
    2.2kw Suntech mono, Classic 200, NEW Trace SW4024

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    • #3
      You are attempting to correlate a company's financial health with the long term performance of your system. I doubt that such a correlation would be supported by any data. Hard to beat Canadian Solar or Hanwha Q-cells on price/value ranking these days.
      CS6P-260P/SE3000 - http://tiny.cc/ed5ozx

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      • #4
        Originally posted by Zeigh View Post
        Hello,


        Which solar panel manufacturer(s) currently seem to be the most financially solvent and/or a sound choice for honoring warranties into the future? In other words, which company would you trust with your money in a purchase right now?

        I have been planning the installation of a 14 kWh solar array for the last few years and am finally ready to throw my money down. Along the way I have been watching the ups and downs of the industry. Just recently Solarworld and Suniva filed for insolvency/bankruptcy, not to mention them both pushing a USA trade petition that could cause a domino effect of problems for the average consumer. Sunpower has similar financial woes. Ugh, those three manufacturers have been my preferred choice all along. I am not opposed to going with a company like LG, but is 20% higher cost worth it?

        For what it is worth, I am primarily interested in 300 watt or larger panels.


        Peace,
        Dr. Z.
        I think if I owned an Oldsmobile or a Plymouth it would still be running after mfg. ceased (although maybe not a Yugo). Point is, since panels seem to not only be a commodity but also pretty reliable and also pretty familiar at this time and probably going into the future, it probably doesn't matter a whole lot which mfg. outfits remain and which go belly up. There's a lot of domestic water heater outfits, water softener outfits and garage door opener outfits, etc., that have gone belly up, yet finding service for such things doesn't seem to be a problem.

        So it will be for PV systems.

        Rather than worrying about future unknowns I can only speculate about, can't do anything about anyway, and that probably don't matter squat in a practical sense, I'd rather spend my time in making sure I understood what I was buying and why, and making sure my proposed system was well designed, cost effectively not oversized and installed by a reputable vendor. Once you choose quality equipment, the vendor, their experience, reputation, integrity and longevity in business all become much more the most important considerations. Spend as much time and effort in vendor selection as equipment selection.

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