Credit meltdown is big obstacle to solar development
Despite the doom and gloom casting a pall over the global economy, the solar energy industry is optimistic its future will be bright. 
Market analysts, financiers and solar developers spoke of the shape they think the industry will take at the Solar Power International ’08 conference and expo in San Diego in mid-October. They all conceded there were serious obstacles that could easily stunt growth in the industry around the globe, but said solar energy has great potential and would likely recover lost ground within a few years.
“Our outlook is relatively OK for most of the world,” said Matthew Cheney, chief executive of MMA Renewable Ventures.
As recently as six months ago the largest hurdle to growth in the international solar industry was the price of solar panels and unstable government incentives.
Today the crash of the credit markets poses a far greater risk to the industry. Read more:
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