Another solar company going BK
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Another solar company going BK

  1. #1
    Colts fan & Stoker owner RitcheyRch's Avatar
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    Default Another solar company going BK

    www.facebook.com/RitcheyRch

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  3. #2
    a.k.a. "Mean Pair" Nice Pair's Avatar
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    Quote Originally Posted by RitcheyRch View Post
    "If you don't get money from the government, the policies simply don't work," he said. "Only with government favoritism, taxpayer bailouts and those sorts of things can these things work."


    This guy is obviously a rocket scientist. I'm thinkin the only peeps that are dumber probably elected the peeps that run this place.



  4. #3
    Red Blooded American The Doctor's Avatar
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    This president's wasted spending on green energy has done nothing but pay back campaign contributors, fund failed operations and waste taxpayer's money. Pretty much what he's doing with everything else. Anybody check the foreign aid he's shoveled out lately and where. Only our resident liberals would approve.
    The best things in life aren't things!

  5. #4
    Already miss the 310/562 2manymustangs's Avatar
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    Default This one

    made the headlines on BLOOMBERG's website today...

    I'm hoping that SOMEONE in D.C. will get the picture.... and cut off the GREEN "TEET" money flow soon...

    Despite what OLAME O said just a day or so ago...


    "Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. (STP) after the solar manufacturer said it wouldn’t resist a bankruptcy petition filed in China.

    The company, based in Wuxi, outside Shanghai, had more than $2 billion in debt and defaulted on $541 million in bonds due on March 15, prompting eight Chinese banks to ask a local court to push Suntech’s main unit into insolvency.

    Suntech’s collapse follows bankruptcies in Germany of manufacturers including Q-Cells SE, previously the biggest solar manufacturer. Sharp Corp. of Japan, which led solar cell-making until 2006, has been scaling back operations overseas. In 2011, Solyndra LLC collapsed despite $535 million of support from the U.S. Energy Department.
    "

    http://www.bloomberg.com/news/2013-03-20/biggest-solar-collapse-in-china-imperils-1-28-billion-energy.html
    Last edited by 2manymustangs; 03-20-2013 at 07:44 PM.
    Pat Eason, the voice of reason...

  6. #5
    Senior Member wolfie's Avatar
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    Anytime the government gets involved, it's going to be f'd up.
    Back in the early 90's they were making some pretty good strides with LPG. Once Clintoooon got involved in electric and started dumping government money into it, all the research stopped for LPG. Now they want to go back to LPG. Had the government stayed out, we might have a crap load of nice LPG cars.

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