Abound SOLAR annouced it was halting prduction and laying off 180 workers, the 400 Million they got from the US Govt WILL NOT be used to build the new plant in Indiana.

http://www.forbes.com/sites/toddwoody/2012/03/01/abound-solar-recipient-of-400-million-federal-loan-guarantee-halts-production/


Billy

So where the hell is our money?

$400mm?? Wow.

Why isn't someone standing up and telling these morons that this is flushing money down the Crapper?
There is no mkt for solar panels, the mkt is over saturated and no one is buying anymore!

Quote from: Solar on March 01, 2012, 08:01:09 PM
So where the hell is our money?

Maybe John Corzine knows....

Quote from: MEAN OL' BILLY on March 01, 2012, 07:31:34 PM
Abound SOLAR annouced it was halting prduction and laying off 180 workers, the 400 Million they got from the US Govt WILL NOT be used to build the new plant in Indiana.

Kind of a slanted title there BILLY BOB.

They need to retool.

probably better idea than wasting the funds.


Do you know the difference between a "loan guarantee" AND "the 400 million they got from us"

Did you actually read the article?

miss the little details?

Quote
Abound, which has drawn down $70 million of the loan guarantee, said in a statement it would focus on developing a more efficient version of its cadmium telluride thin-film photovoltaic panel

So 70 million not 400.

Quote
In addition to the $400 million loan guarantee, Abound, which was founded in 2007, has raised $260 million in venture funding from investors that include Invus Group, Bohemian Companies, DCM, GLG Partners, Technology Partners, BP Alternative Energy and West Hill Investors.

Seems there are a number of people who believe in solar!

Alternative energy is very necessary, and the future.

It's not like oil is a renewable resource, we need to be working on different things!

Build industries to create jobs.

Remember we need to create jobs.

For solar:

Quote
Meanwhile, Abound faces a formidable new competitor in General Electric, which last year announced it would build the U.S.'s largest solar factory to produce cadmium telluride photovoltaic panels.

The plant will be built without loan guarantees.

Quote from: Just_the_facts_mamm on March 01, 2012, 09:51:03 PM
Kind of a slanted title there BILLY BOB.

They need to retool.

probably better idea than wasting the funds.


Do you know the difference between a "loan guarantee" AND "the 400 million they got from us"

Did you actually read the article?

miss the little details?
So 70 million not 400.Seems there are a number of people who believe in solar!

Alternative energy is very necessary, and the future.

It's not like oil is a renewable resource, we need to be working on different things!

Build industries to create jobs.

Remember we need to create jobs.

For solar:

If you understood the simple concept of supply and demand, you would know what you wrote is pure crap.
There is no demand for solar panels, the mkt is saturated.
There is no demand, so why supply a mkt that doesn't want this crap?

Oh, I forgot, you're a socialist, where the gov dictates demand and supply.

Quote from: Just_the_facts_mamm on March 01, 2012, 09:51:03 PM
Kind of a slanted title there BILLY BOB.

They need to retool.

probably better idea than wasting the funds.


Do you know the difference between a "loan guarantee" AND "the 400 million they got from us"

Did you actually read the article?

miss the little details?
So 70 million not 400.Seems there are a number of people who believe in solar!

Alternative energy is very necessary, and the future.

It's not like oil is a renewable resource, we need to be working on different things!

Build industries to create jobs.

Remember we need to create jobs.

For solar:

Translation:   They are failing and failing with Govt money. Period.



Billy

Quote from: MEAN OL' BILLY on March 02, 2012, 03:31:20 PM

Translation:   They are failing and failing with Govt money. Period.



Billy

It goes right over his head, even my distributors tell me no one is buying solar panels, the mkt is well over saturated.
Even if they did sell them, they have to sell at a loss, because they bought supply at peak over a year ago.

QuoteSeems there are a number of people who believe in solar!

Alternative energy is very necessary, and the future.

It's not like oil is a renewable resource, we need to be working on different things!

Build industries to create jobs.

Remember we need to create jobs.

As long as it's private investors, who cares. You pays your money, and you takes your chances.
Tax dollars are a different matter. And at what point do you recognize that solar isn't going to get it done.
You talk about Oil not being "renewable" - why? Did the processes that created the stuff in the first place suddenly stop?
Dead multi-cellular animals have been falling to the sea floor for about 550,000,000 years now. Has the plate tectonics which takes the sedimentary deposits down into the interior earth stopped? As for solar - what is it about half of every day consisting of NIGHT do you enviroweenies not comprehend. The haven't settled the problem of STORAGE yet. You can put oil/coal into tanks/bunkers and draw as needed. Yeah the sun shines - sometimes. And yeah - it's free. Now explain how you store all the free energy generated. Until you solve that problem, and as long as the panels are located on the Earth's REVOLVING surface, solar is useful only as a localized and temporary fix. As for wind, how many sailing ships have you seen recently. The only alternative energy source that shows any promise is the one you environuts won't let us use - nuclear.

Quote from: mdgiles on March 03, 2012, 05:58:54 AM
As long as it's private investors, who cares. You pays your money, and you takes your chances.
Tax dollars are a different matter. And at what point do you recognize that solar isn't going to get it done.
You talk about Oil not being "renewable" - why? Did the processes that created the stuff in the first place suddenly stop?
Dead multi-cellular animals have been falling to the sea floor for about 550,000,000 years now. Has the plate tectonics which takes the sedimentary deposits down into the interior earth stopped? As for solar - what is it about half of every day consisting of NIGHT do you enviroweenies not comprehend. The haven't settled the problem of STORAGE yet. You can put oil/coal into tanks/bunkers and draw as needed. Yeah the sun shines - sometimes. And yeah - it's free. Now explain how you store all the free energy generated. Until you solve that problem, and as long as the panels are located on the Earth's REVOLVING surface, solar is useful only as a localized and temporary fix. As for wind, how many sailing ships have you seen recently. The only alternative energy source that shows any promise is the one you environuts won't let us use - nuclear.

What you're asking is, for a lib to forget about the emotion and use logic when considering what they want.
Have you considered the futility involved in saving a single Borg?

Quote from: Solar on March 03, 2012, 07:39:15 AM
What you're asking is, for a lib to forget about the emotion and use logic when considering what they want.
Have you considered the futility involved in saving a single Borg?

Odd you should mention that. On Startrek:TNG they had one episode where they had captured one Borg. That gave them the opportunity to introduce a logical fallacy into The Collective, which would have torn it apart. Of course, being good Liberals they didn't take the opportunity to destroy the enemy which was trying to destroy them - that would have been "mean". But it does introduce the idea that logic is the enemy of The Collective. Consider it interstellar garlic/crosses/holy water. 

Quote from: Solar on March 03, 2012, 07:39:15 AM
Have you considered the futility involved in saving a single Borg?

In a spray-on blue suit, and looks like Jeri Ryan's? Better re-think that one!

Quote from: quiller on March 03, 2012, 07:48:50 AM
In a spray-on blue suit, and looks like Jeri Ryan's? Better re-think that one!

Ryan, like most libs was as phony as the silicone in her teats.

Quote from: mdgiles on March 03, 2012, 07:48:02 AM
Odd you should mention that. On Startrek:TNG they had one episode where they had captured one Borg. That gave them the opportunity to introduce a logical fallacy into The Collective, which would have torn it apart. Of course, being good Liberals they didn't take the opportunity to destroy the enemy which was trying to destroy them - that would have been "mean". But it does introduce the idea that logic is the enemy of The Collective. Consider it interstellar garlic/crosses/holy water. 

If only we could find the formula that makes them think, or self destruct.