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To: Ernest_at_the_Beach

Seattle .. lol a fiasco 20 million,, 3 houses 14 jobs, mostly administrative..

FRom the Murky News

Fremont solar tech firm Solyndra shutting down, laying off 1,100 employees

http://www.mercurynews.com/bay-area-news/ci_18795739?source=rss

President Barack Obama held it up as a poster child for clean energy, saying during a 2010 visit to its headquarters that “companies like Solyndra are leading the way toward a brighter and more prosperous future.”

And despite having raised more than $1 billion in venture capital and receiving a $535 million loan guarantee from the Department of Energy, Solyndra struggled. One reason for its woes is that low-cost Chinese manufacturers are building massive factories that have rapidly driven down the price of solar panels and shifted more than 50 percent of production to China.

They couldn’t get ramped up fast enough to compete?
How the heck did we ever win WW2?


14 posted on 08/31/2011 9:15:36 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge

Compare this to being a Technician for a Civil Engineering Form. A decent Green Job in the Private Sector, in which the company pays about 80,000 a year total for all expenses for an employee of this caliber, and the salary comes around to about $30,000/year. These people are paid to inspect and locate the good and bad environmental test results throughout a given area, they work all day, plus there can be additional inspection work during the weekends or weeknights at times, depending on rainfall. Make a comparison here, and honestly, you can probably see the management differences between the green job types. Not to mention the fact that given that the solar tech firm losing employees, likely people who graduated with degrees in life sciences likely means making the actual field work more competitive. This also can be a little exacerbated given that for field work purposes people can over-qualify, as the company also wants to add a little of their own education and training to the mix.


32 posted on 08/31/2011 5:29:56 PM PDT by Morpheus2009
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