China Dictating to Silicon Valley

“A few years ago, Silicon Valley start-ups like Solyndra, Nanosolar and MiaSolé dreamed of transforming the economics of solar power by reinventing the technology used to make solar panels and deeply cutting the cost of production. … But as the companies finally begin mass production—Solyndra just flipped the switch on a $733 million factory here last month—they are finding that the economics of the industry have already been transformed, by the Chinese. … ‘The solar market has changed so much it’s almost enough to make you want to cry,’ said Joseph Laia, chief executive of MiaSolé.”