What those 500000 "Green Jobs" will look like...
Posted on 01/07/2011 9:07:41 AM PST by NormsRevenge
Just as Gov. Jerry Brown begins his term – after a pledge to create 500,000 green jobs – financial incentives are luring some California solar panel manufacturers to expand in other states.
This week, two Silicon Valley solar panel manufacturers announced they would build factories in southern states that offered business-friendly conditions and strong clean energy markets.
Stion, based in San Jose, will invest $500 million to build its new production facility in Hattiesburg, Miss., after the state agreed to a $75 million loan, and tax and training incentives. AQT Solar of Sunnyvale said it would spend $300 million to open its plant in Blythewood, S.C. The factories are expected to generate 1,000 jobs each.
And just before the new year, Wisconsin announced $28 million in tax credits to relocate a Chatsworth solar panel firm to the state. W Solar Group, located just outside Los Angeles, expects to create about 620 jobs at its new home in Dane County, Wis.
"Should California worry about a mass exodus?" asked Solar Industry, a trade magazine.
The state has embraced the solar industry and is eager to see it expand. But California is facing more competition from other states.
"I would say that California's incentives specifically relating to the mass production of solar panels are improving but not yet competitive to some other states," Frank Yang, Stion's senior director of business development, said in an e-mail. "We hope this will continue to change."
California has committed $30.6 million in federal stimulus funds to renewable energy manufacturing and production. On the campaign trail, Gov. Jerry Brown called clean energy the "key to our economic future," proposing major investment in solar and wind power and pledging to create half a million green jobs by 2020.
(Excerpt) Read more at californiawatch.org ...
Capital firm Solar Power to sell 70% share to Chinese company
http://www.sacbee.com/2011/01/07/3305955/capital-firm-solar-power-to-sell.html#mi_rss=Business
A Chinese solar manufacturer has agreed to acquire 70 percent of Solar Power Inc. for $33 million, news that sent shares in the Roseville-based company soaring by more than 29 percent.
You know they’re in real trouble when they’re running out of subsidy money for “green” businesses.
Look for some real shrieking as all the worthy P.C. causes start getting their funding cut.
Harness the Moonbeam!
I’ve been assuming that all these Chinese solar panel manufacturers that Lindsey Graham loves to ramble on about make their product for sale to us Western suckers, rather than for domestic use.
Fools thought green industries live in a seperate economic reality.
Oh, the irony...
Look up the solar companies in Communist China. The jobs are THERE. Companies, too.
Even “green” companies would like to keep some of their own green. After all, what good comes from a state supporting enviro causes, but draining the profits of the companies that produce the tools for those causes.
Keep it up California... please... we LIKE that you’re chasing job-producing businesses out of your state. We’ll take some of them here in VA.
No problem..
Most of the companies here that still manufacture hire nothing but low wage illegal aliens. These companies headed to VA would be a win win in my opinion.
... California's rapidly expanding market for solar photovoltaic products.What will happen when Arnie's "million solar roofs" THREE BILLION dollar subsidy runs out?
This whole "jobs" mantra is such a farce.
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