Green Crap: Another Solar Subsidy Business Goes Bust

[rangerrebew]

Green Crap: Another Solar Subsidy Business Goes Bust
October 23, 2017
 

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/

[Suppressed]

They still have their California operations so they can continue to push the Made in the USA schtick, but it's hard to feel sympathy for anyone stupid enough to keep their manufacturing here rather than go where it's more efficient.

[Joe Wooten]

They still have their California operations so they can continue to push the Made in the USA schtick, but it's hard to feel sympathy for anyone stupid enough to keep their manufacturing here rather than go where it's more efficient.

More importantly, gets higher subsidies from the government.

[IsailedawayfromFR]

double posted  http://www.gopbriefingroom.com/index.php/topic,287676.msg1494508.html#msg1494508