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A joke to speak of Solyndra.
Posted by Hates Idiots
23rd Sep 2011
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Your handle is ironic...
Edited by dougmms
Updated - 27th Mar 2012
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We need robotic factories
Thanks for the encouraging news. Only through advanced machine automation will solar ever be cheap enough to store in batteries (which also needs to be made by machines for almost free 24/7). This in turn would create almost unlimited install jobs. So I don't care where the panels are made, just as long as profit gouging is kept to an absolute minimum.
Posted by fireofenergy
Updated - 20th Sep 2011
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"profit gouging"?
What exactly is that?
Posted by JohnMcGrew@...
21st Sep 2011
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Yours SOLARly - US
Yes. US is advancing in Solar at a great speed. It is hoped the cost of Solar power will soon come down so that more and more developing countries go for major solar projects.
Dr.A.Jagadeesh Nellore(AP),India
Wind Energy Expert
E-mail: anumakonda.jagadeesh@gmail.com
Dr.A.Jagadeesh Nellore(AP),India
Wind Energy Expert
E-mail: anumakonda.jagadeesh@gmail.com
Posted by anumakonda.jagadeesh@...
21st Sep 2011
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A joke to speak of Solyndra.
Solyndra used their California plant to secure over $4 billion in projects for 2 commercial solar generation plants in southern California. The bidding process was rigged to favor a company with an in state production facility.
Here is the scam. They took the US government loan intended to expand the California plant to meet the demands of the $4 billion in projects and instead they bought Photon Solar in India. They transferred the $4 billion in work to that plant and closed the California production facility while filing bankruptcy on the name Solyndra.
They get a new manufacturing facility paid for by US taxpayers and $4 billion in work from the ratepayers in Southern California and avoid paying back the US government backed loan.
That is what the green industry likes to call creative financing and good strategic planning.
Here is the scam. They took the US government loan intended to expand the California plant to meet the demands of the $4 billion in projects and instead they bought Photon Solar in India. They transferred the $4 billion in work to that plant and closed the California production facility while filing bankruptcy on the name Solyndra.
They get a new manufacturing facility paid for by US taxpayers and $4 billion in work from the ratepayers in Southern California and avoid paying back the US government backed loan.
That is what the green industry likes to call creative financing and good strategic planning.
Posted by Hates Idiots
23rd Sep 2011
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We had one of the shortest Q&A in the history of Congress today...
...as Solyndra's CEO & CFO did little more than plead the 5th before the House Energy and Commerce Committee investigative panel. Henry Waxman got a bit indignant at some of the questions that were without-a-doubt really soundbites. (I know, funny in and of itself) And yet they were tame compared to some of the questions I might have liked to have seen asked.
Posted by JohnMcGrew@...
23rd Sep 2011
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Your handle is ironic...
"Here is the scam. They took the US government loan intended to expand the California plant to meet the demands of the $4 billion in projects and instead they bought Photon Solar in India."
The U.S. government did not provide Solyndra a loan. Let me repeat this so it gets through: the U.S. government did not provide a loan. They provided a loan guarantee. I'd love to know where you got your "info."
The U.S. government did not provide Solyndra a loan. Let me repeat this so it gets through: the U.S. government did not provide a loan. They provided a loan guarantee. I'd love to know where you got your "info."
Posted by dougmms
Updated - 27th Mar 2012
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Changes in state support will also account for some difference
Changes in state support will also account for some difference in the US domestic installation figures. Here in NY state, the subsidy per kw went down by quite a bit, making each proposal done in 2011 more expensive than ones done the year before.
Posted by MichaelOHara
15th Oct 2011