Green Crap: Another Solar Subsidy Business Goes Bust
October 23, 2017
tags: solar
By Paul Homewood
A green energy company heavily incentivized by Mississippi is shutting down, raising questions about whether the state will get repaid. It’s the fourth green subsidy company to go bust recently.
Solar panel maker Stion notified the state Tuesday that it would close its Hattiesburg plant Dec. 13, laying off 137 employees.
“Intense, non-market competition from foreign solar panel manufacturers, especially those based in China and proxy countries, has severely impacted the viability of our business,” the San Jose, California, company said in a statement released by spokesman Frank Yang.
https://notalotofpeopleknowthat.wordpress.com/2017/10/23/green-crap-another-solar-subsidy-business-goes-bust/
