Comments on: Showcase Solar Company Solyndra Files for Bankruptcy

By: Dumping Solar: CASM’s Case Against Chinese Subsidies & Manufacturers, Pt. III | CleanTechnica

Mon, 23 Jan 2012 10:01:24 +0000

[…] good place to start is Solyndra, the developer of a once-promising concentrated PV technology that declared bankruptcy on Aug. 31, 2011. Infamously, solar and clean-energy opponents here in the US latched on to […]

By: Pgtruspace

Pgtruspace — Sun, 18 Sep 2011 02:25:00 +0000

Venture Capitalists often push a new operation into bankruptcy to give the creditors a hair cut and get the assets back for pennies on the dollar. In this case it looks like they are trying to collect a $535,000,000 gift from Uncle Sam! Not a bad return for helping the Obamanation. pg

By: Concentrated Solar Thermal Power Summit November 28-30 | CleanTechnica

Concentrated Solar Thermal Power Summit November 28-30 | CleanTechnica — Wed, 07 Sep 2011 21:18:13 +0000

[…] by the drop in prices, so have many leading manufacturers of PV panels, including California-based Solyndra, which ceased operations last week, laying off 1,100 employees and filing for Chapter 11 […]

By: Anonymous

Anonymous — Fri, 02 Sep 2011 23:18:00 +0000

Thanks for chiming in. It seems a lot of folks don’t realize how much fossil fuels & ag get in subsidies (or just don’t care bcs they have an agenda)

By: Jon_K

Jon_K — Fri, 02 Sep 2011 23:11:00 +0000

Do you realize the fossil fuels industries get billions in subsidies? Here’s an article about oil

http://www.nytimes.com/2010/07/04/business/04bptax.html

The EIA says about $500B for oil + coal:

http://www.sourcewatch.org/index.php?title=Federal_coal_subsidies

Agriculture too ($10B – $30B/ year)

http://www.downsizinggovernment.org/agriculture/subsidies

Do you realize we subsidize Texas cotton farmers and Brazilian ones too because they raised a stink about the Texas subsidies and were going to put tariffs on other American goods?

Do you know we have a huge tariff on ethanol from Brazil to protect midwest corn farmers?

The harsh reality is tariffs and subsidies are the norm not the exception everywhere in the world. Everyone is against them except for the ones the ones they like.

But to put the whole thing in perspective, one, just one day of our mideast wars costs about $700M. That’s a Solyndra a day and $200M change

By: Anonymous

Anonymous — Fri, 02 Sep 2011 22:07:00 +0000

And once all the environmental guilt driven money was exhausted they couldn’t raise additional capital to fund a clearly failed business model so they had to land a half billion dollar investment from the federal government.

By: Solyndra Bankruptcy: Economic and Sustainable Business Lessons

Solyndra Bankruptcy: Economic and Sustainable Business Lessons — Fri, 02 Sep 2011 09:04:31 +0000

[…] 0 Comments Tweet The once highly touted clean tech start up, Solyndra, has filed for bankruptcy.Solyndra was hoped to be a key mover and player in the clean tech and solar industry. The United […]

By: Learning the Wrong Lessons from the Solyndra Bankruptcy | CleanTechnica

Learning the Wrong Lessons from the Solyndra Bankruptcy | CleanTechnica — Thu, 01 Sep 2011 19:57:32 +0000

[…] energy efficiency, and more. GA_googleFillSlot("cleantechnica.com_blog_ATF_728x90"); Clean EnergyShowcase Solar Company Solyndra Files for BankruptcyConsumer TechnologyNew LED Lightbulb Under $15 Hits the Market, May Go LowerConsumer […]

By: Anonymous

Anonymous — Thu, 01 Sep 2011 19:17:00 +0000

For the clueless folks below who think solyndra’s failure was due to Obama, i recommend this piece:

http://cleantechnica.com/2011/09/01/learning-the-wrong-lessons-from-the-solyndra-bankruptcy/

& if you’re also clueless on solar, HIGHLY recommend this one:

http://cleantechnica.com/2011/08/23/solar-power-intro-3-key-solar-power-points-top-solar-power-news/

By: Jon_K

Jon_K — Thu, 01 Sep 2011 16:42:00 +0000

Is it really cheap Chinese panels (Chinese subsidies are real and substantial) or is this a cover for some other failure. I wonder if their super-high tech factory might have been problematic.

Here’s a little perspective, however. The total subsidy here is less than one day’s worth of the Iraq war. It’s a waste but chicken feed when lined up next to our other grand fiascos. F-35’s anyone?

By: Tharkey

Tharkey — Thu, 01 Sep 2011 16:15:00 +0000

I think he meant $500,000 per job (1100 jobs)

By: Laudenslager1

Laudenslager1 — Thu, 01 Sep 2011 15:53:00 +0000

Any one want to guess who profited from the 1/2 BILLION loan?

By: McChalium

McChalium — Thu, 01 Sep 2011 15:53:00 +0000

Actually, any industry supported, even partially, by government subsidies has a fundamentally fatally flawed business plan. Look for more “clean energy” companies to go belly up as the goernment finally realizes it can’t afford to prop them up along with many billions of taxpayer losses to go with it. All governments should stay out of the business of “business” since they are all,in fact, incompetant in that field. I, for one am not surprised.

By: joe

joe — Thu, 01 Sep 2011 15:44:00 +0000

They got over a billion from venture capital firms…

By: Sam

Sam — Thu, 01 Sep 2011 15:39:00 +0000

I believe you are missing a few zeros. $535,000,000

By: sally

sally — Thu, 01 Sep 2011 15:35:00 +0000

Students cant get out of their loans, even if they die. And companies that payed their CEO’s good money for several years, can walk away. Fuck This Shit.

By: Howard L. Allen

Howard L. Allen — Thu, 01 Sep 2011 15:28:00 +0000

Taypayers pay $500,000 to create a job for a couple years. This is the kind of business decisions a community organizer makes.

By: Anonymous

Anonymous — Thu, 01 Sep 2011 15:24:00 +0000

When is this country going to get out of the business of business. Did anyone really think that Steven Chu knows how to pick a winner. The smartest Venture Capital minds in the country wouldn’t touch this lemon and he drops a half a billion of other people’s money into it.

By: Thomas Diamond

Thomas Diamond — Thu, 01 Sep 2011 15:21:00 +0000

Obama doesn’t have a clue on how to run a business much less a country.