Organic thin film solar that is costly, not very efficient and not long lasting has limited uses that it can be very good at. Specifically situations that call for light weight low power recharging in items with a short expected life span. Powering remote aerial deployed sensors come to mind.
By the nature of it strengths and weaknesses to think they would need a large production capacity was foolish. They could have been a very successful small market company if they had been realistic in their goals.
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Big difference if you are honest in looking at this topic.
Edited by Hates Idiots
Updated - 11th Jun 2012
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Bull
Posted by bill1514@...
8th Jun 2012
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Still niche technology.
Posted by Hates Idiots
7th Jun 2012
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Bull
Like door stops
Posted by bill1514@...
8th Jun 2012
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Konarka
Romney used Massachusetts tax dollars to fund this company
So he is a hypocrite for compaigning in front of Solyndra
So he is a hypocrite for compaigning in front of Solyndra
Posted by ambraun@...
Updated - 8th Jun 2012
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Big difference if you are honest in looking at this topic.
Romney loaned $1.5 million. Obama gave away $500 million. BIG DIFFERENCE
$1.5 million was paid back with interest long before the company failed. Which made it a good investment.
$500 million disappeared in a deal where Solyndra bought Photon Solar in India.
The loan was supposed to help expand their California plant to handle $4 billion in work contracted for solar power plants in California.
Instead all of the work slated for the Solyndra plant in California was moved off shore to India when the California plant closed in 2011.
The loan was linked to the Califonia plant so the parent company, Solyndra, was able to walk away from it without paying a dime.
That investment did not work out too good for the taxpayers.
BIG DIFFERENCE
The $1.5 million was from a dedicated fund setup for such uses. The $500 million was borrowed money our government was giving away. BIG DIFFERENCE.
$1.5 million was paid back with interest long before the company failed. Which made it a good investment.
$500 million disappeared in a deal where Solyndra bought Photon Solar in India.
The loan was supposed to help expand their California plant to handle $4 billion in work contracted for solar power plants in California.
Instead all of the work slated for the Solyndra plant in California was moved off shore to India when the California plant closed in 2011.
The loan was linked to the Califonia plant so the parent company, Solyndra, was able to walk away from it without paying a dime.
That investment did not work out too good for the taxpayers.
BIG DIFFERENCE
The $1.5 million was from a dedicated fund setup for such uses. The $500 million was borrowed money our government was giving away. BIG DIFFERENCE.
Posted by Hates Idiots
Updated - 11th Jun 2012