With this dream in place, a wide range of entrepreneurs headed to the marketplace, with venture capital groups providing lots of funding. Companies such as Konarka Technologies and Solyndra received millions of dollars in funding, from venture capital firms and/or the government, and built production-scale operations to manufacture their products. Researchers worked on thin-film technologies ranging from organic photovoltaics (OPV) to copper indium gallium selenide (CIGS), among others.
As we know now, these companies, and many others with them, never succeeded commercially. Many went out of business, including Konarka and Solyndra; others were sold or scaled back considerably.
What happened? Well, there are different reasons for each company, but it boiled down to this: the companies could not
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