Solar Energy Panels Not So Hot

“Solon Corp will stop manufacturing solar panels in Tucson by mid-October, ending the facility’s three-year run,” reports the Phoenix Business Journal.  “The company will lay off about 60 employees when it shuts down that part of the Tucson operation. It was the state’s first solar panel production line.”

In another blow to the so-called solar power industry, the Boston Herald also reports, “Evergreen Solar Inc., the Massachusetts clean-energy company that received millions in state subsidies from the Patrick administration for an ill-fated Bay State factory, has filed for bankruptcy, listing $485.6 million in debt.”

The so-called green scheme was criticized by the Massachusetts Republican Party. “Evergreen, which closed its taxpayer-supported Devens factory in March and cut 800 jobs, has been trying to rework its debt for months.”

In recent months moreover, serious “green energy” concerns have been raised across California, as outlined here.

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