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Thread: Solar company bankrupt despite 'win-win' DOE loan

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Obama is like a stubborn little boy or even like someone with mental problems, he is determined to push that square peg into that round hole.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    I am the last person to defend Obama, but Solyndra had a legitimate good concept
    The cost of goods sold price point at the time of the loan was about $600 for a 200 watt panel.
    The Solyndra panels have a much lower installation cost, so an $800 sales price would
    still be very competitive.
    The list price now for a 200 watt panel ( in pallet orders) is as low as $300.
    Solyndra had no way to know China would subsidies solar enough, to push the price that low.

    Most of the cost of Nuclear is in regulation. Someone who worked on the South Texas
    Project told me," When the weight of the paper equals the weight of the plant, they can turn it on."

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    If solar is the "next big" thing, why aren't investors investing? I've read all the pros and cons here, but the question begs, where is the private money? Where are the money folks like Buffett, etc.? They're supposed to be the people who see the "future" and invest.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Solar and wind do not hold a candle to oil. It is just that simple. And even if the costs were not prohibitive, and the output was worth it, you'd have the envronwhacko's out there trying to stop wind and solar installations just as they do drilling.
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    A post was made in the very first page showing that the loan was turned down, and yet we're still hearing about how terrible it is that the government is wasting money on solar and wind.

    Even when sunlight has been shown on the issue, there is no stopping the wind, or the hot air for that matter.
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by Billy the Kid View Post
    If solar is the "next big" thing, why aren't investors investing? I've read all the pros and cons here, but the question begs, where is the private money? Where are the money folks like Buffett, etc.? They're supposed to be the people who see the "future" and invest.
    How do you know they're not?

    Quote Originally Posted by Arbo View Post
    Solar and wind do not hold a candle to oil. It is just that simple.
    Well let's see: With wind and solar Alternative Energies (AE): there's no possibility it'll ever run out, we cannot run into a problem of easy AE or not so easy AE, we don't have to fight any wars to get it, we don't have to give money to countries that want to see the US destroyed to get AE, money paid for AE does not guarantee money paid for it funds terrorism, speculators cannot artificially raise the price of AE, if other countries (China, India, Brazil) start using a LOT more AE our prices will NOT go up, American-made AE supports American workers and American customers.

    Looking at the above I would say you're right. AE cannot hold a candle to oil for all the ways oil screws over the American people and benefits the people who would like to see all Americans die. What I don't understand is why anyone supports an industry that benefits America's enemies instead of America. Supporting the oil industry is about as anti-American as you can get without personally joining al-Queda.
    Last edited by EagleAye; 04-06-12 at 01:48 PM.
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by EagleAye View Post
    Looking at the above I would say you're right. AE cannot hold a candle to oil for all the ways oil screws over the American people and benefits the people who would like to see all Americans die. What I don't understand is why anyone supports an industry that benefits America's enemies instead of America. Supporting the oil industry is about as anti-American as you can get without personally joining al-Queda.
    First, the industry does not have to support any enemies. We can get it from, um, HERE.

    Second, what I meant by does not hold a candle is cost vs power output. And again, good luck fighting the environmentalist when trying to put in a wind farm or a massive solar array. How much farm land would have to be removed from crop production in order to have enough 'AE' equipment to power the nation without oil and coal?
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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by EagleAye;1060368487
    What I don't understand is why [I
    anyone [/I]supports an industry that benefits America's enemies instead of America. Supporting the oil industry is about as anti-American as you can get without personally joining al-Queda.
    In the short term, I support oil, gas, and nuclear as the energy of today. The market will support the energy of the future as it comes economically viable. Till then, the only technology the government needs to support is better drill bits. Made and used in the good ol' USA. The only geographical area we need to be concerned with as far as energy is concerned is our own. If we use our own available energy, we will not be supporting those who want to kill us.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Quote Originally Posted by EagleAye View Post
    How do you know they're not?



    Well let's see: With wind and solar Alternative Energies (AE): there's no possibility it'll ever run out, we cannot run into a problem of easy AE or not so easy AE, we don't have to fight any wars to get it, we don't have to give money to countries that want to see the US destroyed to get AE, money paid for AE does not guarantee money paid for it funds terrorism, speculators cannot artificially raise the price of AE, if other countries (China, India, Brazil) start using a LOT more AE our prices will NOT go up, American-made AE supports American workers and American customers.

    Looking at the above I would say you're right. AE cannot hold a candle to oil for all the ways oil screws over the American people and benefits the people who would like to see all Americans die. What I don't understand is why anyone supports an industry that benefits America's enemies instead of America. Supporting the oil industry is about as anti-American as you can get without personally joining al-Queda.


    Well I don't know, that was the reason I asked. Thanks anyway.

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    Re: Solar company bankrupt despite 'win-win' DOE loan

    Investments ? Google Green

    I found this site which shows google's investments and what the return will be.


    "Clean Power Finance: Financing for rooftop solar

    We invested $75 million to create a fund with Clean Power Finance (CPF) that will help up to 3,000 homeowners go solar. Purchasing a solar system is a major home improvement, but the upfront cost has historically been one of the biggest barriers for homeowners. Solar installers across the country don’t always have the resources to find financing for customers, or provide it themselves. And investors like Google, banks, and others, can find it difficult to enter a fragmented solar market and get connected to individual homeowners. Clean Power Finance's open platform connects installers with investors to provide financing to homeowners. It's an innovative and scalable model that makes business sense, and has the potential to lower costs and accelerate adoption of solar energy."


    "SolarCity: Solar for thousands of residential rooftops

    In the largest deal of its kind to date, we invested $280 million in a SolarCity fund to help provide innovative financing for residential solar projects to make clean energy more widely accessible. With Google’s backing, SolarCity, a full service solar systems provider, can offer up to 8,000 additional customers the option to go solar through a solar lease or power purchase agreements."


    Both of these sound like they are giving folks loans to go solar.
    Last edited by Billy the Kid; 04-06-12 at 02:29 PM.

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