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Another solar company bites the dust
pv magazine USA ^ | 4/18/2017 | Christian Roselund

Posted on 04/18/2017 11:36:58 AM PDT by WombatKing

Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. solar manufacturers has filed for bankruptcy.

(Excerpt) Read more at pv-magazine-usa.com ...


TOPICS: Business/Economy
KEYWORDS: bankruptcy; solar; suniva
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I feel sorry for the workers, but they DID decide to believe LIEberals when they told them solar power is the wave of the future.

BTW, this is the third solar company within the last month that has gone bankrupt - how many more before liberals will admit it does not work?

1 posted on 04/18/2017 11:36:58 AM PDT by WombatKing
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To: WombatKing

Where are my free solar panels? As a dividend for tax based subsidies.


2 posted on 04/18/2017 11:39:25 AM PDT by Paladin2
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To: WombatKing

Remember the liberal congressional staffer who railed against the laws of physics and said that Obama could alter them with an executive order.


3 posted on 04/18/2017 11:40:50 AM PDT by allendale
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To: WombatKing

Will Tesla survive?


4 posted on 04/18/2017 11:41:57 AM PDT by allendale
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To: WombatKing

http://www.sfgate.com/business/article/Solar-hits-big-brief-milestone-in-California-11063785.php

Solar proponents love articles like this that I linked. The article does not mention the billions in loans per solar facility or the cost of solar power at the wall socket.

I have people tell me, “But look at Germany! 30% of their power comes from solar!”, and when I point out that German electricity costs 25 cents per kwh (as opposed to about 8 on average in USA), their enthusiasm is not dampened in the slightest.


5 posted on 04/18/2017 11:43:10 AM PDT by DBrow
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To: allendale

IMO, not unless they get the MSRP for their cars down to $16,000 per. Until then, they will only sell to rich liberals and rich techie people who only drive them on Sundays and to the church.


6 posted on 04/18/2017 11:46:06 AM PDT by dhs12345
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To: allendale

I think Tesla is a different case. They have something close to a 12 month backlog of car orders. They could stand on their own 2 feet if Uncle Sugar would just cut the cord.


7 posted on 04/18/2017 11:48:32 AM PDT by Tallguy
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To: dhs12345

Agreed that Tesla needs to normalize their prices, but probably won’t. Have you sat in one? They are quite opulent and hi-tech. If I could afford to buy one, I would. My only concern is the longevity of their batteries. If they succeed as a company, auto battery recycling will be a boon business.


8 posted on 04/18/2017 11:51:37 AM PDT by rjsimmon (The Tree of Liberty Thirsts)
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To: allendale

Telsa sells batteries and they attach them to a car.


9 posted on 04/18/2017 11:51:55 AM PDT by IC Ken
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To: allendale

Solar is not part of Tesla’s current business. They announced the solar roof concept a month or two ago but have not taken any orders or announced any pricing, so as you probably know, the answer is pretty obvious.


10 posted on 04/18/2017 11:53:02 AM PDT by bigbob (People say believe half of what you see son and none of what you hear - M. Gaye)
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To: WombatKing

There’s a new sheriff at Department of Energy.


11 posted on 04/18/2017 11:54:28 AM PDT by satan (The tree of liberty is dying in the drought.)
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To: WombatKing
Weren't solar panels one of the products liberals screamed about putting a tariff on...in order to protect their "jobs" subsidies against Chinese dumping?
12 posted on 04/18/2017 12:15:18 PM PDT by RckyRaCoCo (FUMSM)
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To: WombatKing

Blame this failure on Obama.

How many billions of dollars did Obama swindle us taxpayers out of with his clean energy lies and scams?


13 posted on 04/18/2017 12:33:17 PM PDT by Responsibility2nd
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To: allendale

“Will Tesla survive?”

Pull out all government subsidy/favor and it collapses by midnight.


14 posted on 04/18/2017 12:45:41 PM PDT by Mariner (War Criminal #18)
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To: bigbob

Musk recently merged his losing Solar City mega company into Tesla, before it went bankrupt, so Tesla is in solar panels in a bigly way!


15 posted on 04/18/2017 12:51:10 PM PDT by Noob1999 (For)
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To: dhs12345; allendale

Telsa is making solar-collector roof tiles, thus eliminating the need for those ugly roof panels.


16 posted on 04/18/2017 12:55:51 PM PDT by Daffynition ("The New PTSD: Post-Trump Stress Disorder" - The MLN didn't make Trump, so they can't break Trump.)
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To: Daffynition
Telsa is making solar-collector roof tiles, thus eliminating the need for those ugly roof panels.

_________________________________________________________

This is what the panels on my house look like. I don't consider them ugly at all, I consider them "No utility bill".

Solar is expensive, not just the cells but all the other equipment, especially the battery if you have a worthwhile battery backup. By the time you add a generator large enough to charge the battery you can easily have 40G's however U$ will give you 1/3rd of that back. This is if you are willing to do "ALL" the labor yourself, it is substantial.

In my state, the electric company has to take all my extra electricity and hold it for me and give it back to me with no charge. Since I have 12KW on the roof (actually 11.7) and I get 5 or 6 hours a day which is over 60KW and my average use is under 40 I have a substantial buffer. If there is a storm I can use the battery for a week or so if there is no sun and if I'm not using the A/C I can get by for about 2 weeks. Then I just run the generator for several hours every other day to charge the battery until things are back to normal or there is sunshine.

It is a lot of work, but when you get old what else you gonna do? :)

By the way that's me flying the drone in the picture.

(img src=”Image and video hosting by TinyPic”;>

17 posted on 04/18/2017 2:18:55 PM PDT by JAKraig (my religion is at least as good as yours)
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To: JAKraig

With that size home I expect the savings is substantial.
I have a semi-efficiency apartment here so figure one panel would do it all...


18 posted on 04/18/2017 2:24:39 PM PDT by caww
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To: JAKraig

Excellent. Fine if you are in an area that makes solar worth while [the expense]

Say, who is that cutey in the bikini, over the hedgerow?


19 posted on 04/18/2017 3:44:56 PM PDT by Daffynition ("The New PTSD: Post-Trump Stress Disorder" - The MLN didn't make Trump, so they can't break Trump.)
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To: Daffynition

.
>> “Say, who is that cutey in the bikini, over the hedgerow?” <<

That’s my grandmother you deviate!
.


20 posted on 04/18/2017 3:54:30 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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