U.S. Solar Industry Wants Government Bailout As Bankruptcies Loom

Coronavirus is hitting the energy industry hard. First, it instigated a breakup between the OPEC+ countries of Saudi Arabia and Russia, leading to an oil price war which then led to a spectacular oil price crash. Now, the Permian Basin, once the site of an unparalleled shale boom, is currently facing tens of thousands of layoffs. Then it crushed biofuel markets across the world. Now it’s hitting the renewable energy industry, and solar is begging for a bailout.  While Congress and the White House have finally come to a hard-won agreement…