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I thought solar was the wave of the future? 73 bankrupt companies

Posted on 10/13/19 at 1:11 pm
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
27854 posts
Posted on 10/13/19 at 1:11 pm
LINK
quote:

Bankruptcies Continue in Solar Industry

quote:

This week, that prediction came true. SolarWorld, the European manufacturer of solar panels that had one of the largest manufacturing plants in the U.S., filed for insolvency. This follows Suniva's bankruptcy in April and leaves the U.S. without much non-bankrupt solar manufacturing capacity outside of First Solar's plant in Ohio.

So down to 1 solar company that's not under bankruptcy. Sounds promising
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30862 posts
Posted on 10/13/19 at 1:16 pm to
Thanks Obama.
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17100 posts
Posted on 10/13/19 at 1:16 pm to
quote:


So down to 1 solar company that's not under bankruptcy. Sounds promising
DimLibs incoming to lambast POTUS for having a handful of business bankruptcies out of 600 businesses in 3,2,1...
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 10/13/19 at 1:17 pm to
When your business model is set up around government funds, it's hard to stay in business when the corruptio...err...programs are defunded
Posted by Erin Go Bragh
Beyond the Pale
Member since Dec 2007
14916 posts
Posted on 10/13/19 at 1:17 pm to
That Solyndra photo-op didn't age well for barry.
Posted by Nephropidae
Brentwood
Member since Nov 2018
2382 posts
Posted on 10/13/19 at 1:21 pm to
How many acres of solar panels would be required to generate enough energy to match the US energy consumption?
Posted by Tesla
the Laurentian Abyss
Member since Dec 2011
7953 posts
Posted on 10/13/19 at 1:24 pm to
I don’t know, but Florida Power & Light is trying to find out.
Posted by Blizzard of Chizz
Member since Apr 2012
18959 posts
Posted on 10/13/19 at 1:28 pm to
I’ve been helping the step daughter with her science fair project which is going to run off solar power. From my personal experience, solar has its place in smaller, stand alone applications, but it is going to continue to be a miserable failure in terms of a residential power source. For starters it’s just too damn expensive and bulky. The physical footprint leaves it undesirable and the amount of money you have to pour into charge controllers, inverters and battery banks is just insane and that doesn’t even take into account the cost of the panels.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89472 posts
Posted on 10/13/19 at 1:31 pm to
Solar's business model doesn't work without tax incentives - sure sign that the market isn't quite ready for the product.

Now, I'm all for a kickstart, because we definitely need viable alternatives to fossil fuels - certainly in 100 or 150 years.
Posted by SundayFunday
Member since Sep 2011
9298 posts
Posted on 10/13/19 at 1:32 pm to
A lot less of actual land-acreage if you include building rooftops/walls/etc. and subtract energy thats exported
Posted by Zach
Gizmonic Institute
Member since May 2005
112393 posts
Posted on 10/13/19 at 1:33 pm to
My number 1 rule when buying stocks:

If it requires govt subsidy I'm not interested.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 10/13/19 at 1:34 pm to
quote:

I thought solar was the wave of the future? 73 bankrupt companies


Liberals are stupid people.

Thanks jug ears for stealing taxpayer money on a failed idea !
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 10/13/19 at 1:37 pm to
quote:

but it is going to continue to be a miserable failure in terms of a residential power source. For starters it’s just too damn expensive and bulky. The physical footprint leaves it undesirable and the amount of money you have to pour into charge controllers, inverters and battery banks is just insane and that doesn’t even take into account the cost of the panels.





That^
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 10/13/19 at 1:38 pm to
I guess’s this somehow balances out a campaign lie by team blue?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11066 posts
Posted on 10/13/19 at 1:40 pm to
An innovation isn't an innovation unless it's economically feasible to the larger population. Solar is a grade A example of how progressive policy gets in the way of progress. By misallocating that amount of capital to a non-viable technology they are worsening the problem and delaying investments into technologies that would actually work. Governments should have 0 role in fighting climate change.
Posted by vol-boy
Dixie
Member since Feb 2012
1382 posts
Posted on 10/13/19 at 1:47 pm to
I think I understand the point you were trying to make but that link is older than the dust on granny's snatch.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89472 posts
Posted on 10/13/19 at 1:48 pm to
quote:

An innovation isn't an innovation unless it's economically feasible to the larger population.


I certainly don't disagree with that.

I don't think solar will ever be the 100% solution, unless the efficiency undergoes a revolution AND we solve the battery/storage problem - then maybe. I mean, the Sun is essentially 100% of the source of our power - for lack of a better expression, fossil fuels are "stored" sunshine (almost like an intelligent designer thought ahead for this very situation).

Another path that may just solve a large part of this (a high efficiency, effectively renewable, long-term, uninterruptible power source that is reliable under all conditions) - and I'm talking about fusion power, here. But, I don't know if in the short and intermediate term if fusion isn't any less of a fantasy than "solar and wind" that utterly ignorant progressives and AGW cultists spout as if we merely have to say it to achieve it.

quote:

Governments should have 0 role in fighting climate change.


That ship has, unfortunately, sailed. Similar to the War on Drugs(tm), this is seen as a future "growth sector" for government power, control, influence, and this bizarre marriage of the green movement and government in this endeavor should terrify any right-thinking individual.
This post was edited on 10/13/19 at 1:49 pm
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 10/13/19 at 1:48 pm to
quote:

I guess’s this somehow balances out a campaign lie by team blue?


What is this in reference to?
Posted by Zahrim
McCamey Texas
Member since Mar 2009
7667 posts
Posted on 10/13/19 at 1:50 pm to
quote:

I don’t know, but Florida Power & Light is trying to find out.
look at our larger business model... NextEra Energy. i work at one of our 140mw sites not in florida and we make a profit.
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
27854 posts
Posted on 10/13/19 at 1:59 pm to
quote:

I guess’s this somehow balances out a campaign lie by team blue?

Its almost as if team red followed thru on my health care going down $2500, or letting me keep my plan and my Dr., and my govt would the most transparent ever, and alternative energy would transformatively change my life . . . .

Nothing jug ears promised happened. Not one damn thing
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