What does GE know that we don't know. Hmmmmmmmmm......
GE to build large solar panel factory in Colorado.
NEW YORK — General Electric Co. will build the largest solar factory in the U.S. near Denver.
The company, which had announced in April it would build the factory, said Thursday it had selected Aurora, Colo., a suburb east of Denver, as the location.
GE is a leader in manufacturing natural gas turbines and wind turbines, but it had mostly stayed away from solar until it acquired PrimeStar Solar, a small panel maker, earlier this year.
GE is entering the solar business at a brutal time for makers of solar panels, the squares of crystalline silicon or thin films of metal that turn the sun's rays into electricity.
Solar installations are growing fast, but solar panel prices have fallen precipitously in the past year, driven in part by a glut of panels on the market. The addition of new solar panel factories around the globe has coincided with reduced demand for solar in Europe and especially Germany, by the far the world's largest solar market.
more @
http://xfinity.comcast.net/articles/news-finance/20111014/US.General.Electric.Solar/ (http://xfinity.comcast.net/articles/news-finance/20111014/US.General.Electric.Solar/)
Well I am sure Immelt will get his buddy Obama to bail him out. Just pull a little taxpayer money out of "Obama's Stash" and presto, blamo problem solved.
Quote from: Dan on October 14, 2011, 07:03:34 AM
Well I am sure Immelt will get his buddy Obama to bail him out. Just pull a little taxpayer money out of "Obama's Stash" and presto, blamo problem solved.
I am sure taxpayer money is in there some place. Being I pay more taxes then GE. :o