Feb. 13, 2012: Solar Innovation Has Shifted to Installers, Says Report
BOSTON — With the solar energy industry maturing and expanding to newer markets, the focus of innovation and investment has shifted from panels to installations — the final critical step for monetization, according to a Lux Research report titled, “Swimming Downstream: Evaluating Up-and-Coming Solar Installers and Developers.”
A flurry of mergers and acquisitions activity and an influx of venture capital dollars to solar service providers have led to innovation concentrated on creating new, lean business models in a fragmented landscape, notes Lux Research.