SunEdison Panels (325w-330w) - Good vs. Bad vs. Risky?

[wildfins]

Received an interesting quote using 29 x SunEdison 325W panels that is about $2000 less than another comparable quote using 30 x LG315W panels, both configurations use the same SolarEdge inverter and P400 optimizers. I initially like the LG panels but now think that the SunEdison return on investment is faster.

However, SunEdison stock just crashed 40% on the stock market today as of 2016/01/07. Just dunno if SunEdison will stay in the market long enough or go bankrupt and if so, how the warranty would work down the road? But then, it's also true for any other solar panels mfg. companies, but LG might be diversified enough that it's less risky?

Anybody has any opinion on this subject?

[J.P.M.]

Received an interesting quote using 29 x SunEdison 325W panels that is about $2000 less than another comparable quote using 30 x LG315W panels, both configurations use the same SolarEdge inverter and P400 optimizers. I initially like the LG panels but now think that the SunEdison return on investment is faster.

However, SunEdison stock just crashed 40% on the stock market today as of 2016/01/07. Just dunno if SunEdison will stay in the market long enough or go bankrupt and if so, how the warranty would work down the road? But then, it's also true for any other solar panels mfg. companies, but LG might be diversified enough that it's less risky?

Anybody has any opinion on this subject?

I've got one but it's no better than yours or anyone else's. Things will shake out over the near/mid term with a lot of players swallowed up by a few, sort of like car mfg. in the early/mid 20th century. LG and others with other irons in the fire could spin off the solar business in a relative heartbeat. Same for the future of outfits like Sunpower, majority owned by the (oil) co. Total.

Best you can do is take your best shot and remember that outfits that swallow other outfits usually swallow at least some of the warranty responsibility as well.

[veritass]

Received an interesting quote using 29 x SunEdison 325W panels that is about $2000 less than another comparable quote using 30 x LG315W panels, both configurations use the same SolarEdge inverter and P400 optimizers. I initially like the LG panels but now think that the SunEdison return on investment is faster.

However, SunEdison stock just crashed 40% on the stock market today as of 2016/01/07. Just dunno if SunEdison will stay in the market long enough or go bankrupt and if so, how the warranty would work down the road? But then, it's also true for any other solar panels mfg. companies, but LG might be diversified enough that it's less risky?

Anybody has any opinion on this subject?

I would imagine if they went bankrupt the new company would most likely honor their warranties. SUNE was down 30% because they issued new capital which makes it less likely to go bankrupt, but dillutes current shareholders. It still has a one billion dollar company. LG is a very large company so it is unlikely they will go bankrupt. I would guess that you getting screwed on the warranty is about 10% with SUNE.

[emartin00]

SunEd is a pretty big and diverse company. They make their own wafers, which most manufacturers don't do. They also have an arm in both the residential and utility scale installation business. I don't think they are going anywhere any time soon. Especially with the new extended tax credit.

A couple months ago SUNE was promoting their stock heavily. The downfall is probably partially due to the high interest they got in the last couple of months and now all the new buyers realized it's not exactly what they were promoting.

[peakbagger]

I would be far more worried about the long term contracts they sign and the very poor reputation for installations than the actual panels themselves.