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Because, the people that do so realize Romney and Obama are not the same.
Once-Mighty Suntech Struggles to Survive
The world's largest supplier of solar panels, Suntech Power, based in Wuxi, China, is teetering on the brink of insolvency. The Chinese business icon (see "Solar's Great Leap Forward") will likely survive, but its woes show how it's become nearly impossible for any company to be profitable selling solar panels.
Suntech's founder (and solar industry pioneer) Zhengrong Shi has been replaced as CEO by former chief financial officer David King, a Chinese-American who joined the company last year.
The surprise move is meant to get Suntech's financial house in order after four consecutive unprofitable quarters and a stock price that has fallen more than 50 percent this year. The company has a crushing debt load of over $2.2 billion and says it was a victim of a fraud involving solar projects in Europe that could further damage its balance sheet.
In many ways, Suntech is suffering from the stifling market conditions it helped create. To achieve greater scale, it borrowed heavily and rapidly expanded production to lower solar panel costs and keep pace with compe ors (see "The Chinese Solar Machine"). But now, the market is flooded with panels, and the leading Chinese solar manufacturers are overextended financially.
http://www.technologyreview.com/news...rvive/?ref=rss
Because, the people that do so realize Romney and Obama are not the same.
Special Interest Groups Spent Nearly $11 Million On Solyndra Attack Ads Since April — But They Didn’t Work
When the solar manufacturing company Solyndra went bankrupt last September after receiving a $527 million loan guarantee, it sparked a politically-motivated Congressional investigation into the White House’s handling of the program — an “investigation” that critics admitted would “stop on election day.”
After acquiring 300,000 do ents, holding a dozen hearings and official meetings, issuing two subpenas, and spending more than a million dollars on the investigation, members of Congress failed to present any evidence of political wrongdoing.
Congressional critics have “not shown the loan was granted as a result of political favoritism, despite repeated campaign-trail claims,” reported The Hill.
That didn’t stop special interest groups from spending millions of dollars on television ads this campaign season to trump up the Solyndra bankruptcy and spread “over-the-top, ultimately ridiculous” claims about clean energy programs.
According to a ThinkProgress analysis of independent advertisements from Kantar Media’s CMAG system, outside conservative groups spent $10.78 million on presidential campaign ads between April 1 and October 1 of this year specifically attacking the Solyndra loan or mentioning Solyndra as part of a broader attack on clean energy stimulus spending.
The ads were purchased by the American Energy Alliance, the American Future Fund, the Koch-backed Americans for Prosperity, Karl Rove’s Crossroads Grassroots Policy Strategies, and Let Freedom Ring.
http://thinkprogress.org/climate/201...s-since-april/
But there's still time for "social welfare" PACs to swift-boat Barry
Last edited by boutons_deux; 10-11-2012 at 09:28 AM.
lol thinkprogress
Solyndra FABBRICATED, HYPED SCANDAL & OUTRAGE.
U.S. Solar Industry Points to Evidence of Chinese Government's Escalating Intervention in World Renewable-Energy Markets
Chinese solar manufacturers have suffered tremendous business losses as a result of massive over-production, billions of dollars of Chinese government subsidies and dumped export pricing, according to the Coalition for American Solar Manufacturing (CASM). Now that Chinese producers face potential import duties to counter their illegal trade practices in the United States and Europe, CASM said, the Chinese government this week has revealed plans to invest more than $11 billion to create a domestic solar market to further buoy its manufacturers and their export drive.
The massive new intervention, combined with recent Chinese government decisions to take new direct and indirect ownership stakes in at least one top Chinese producer to prop up its foundering operations, demonstrates the Chinese government's resolve to perpetuate damaging distortions in the world solar-technology market at any cost, CASM said. Left to contend with unfettered forces of supply and demand, the group said, many Chinese companies would be forced to curtail or close operations and lay off workers, just as more than two-dozen U.S. solar producers have had to do.
"China's green mercantilism strategy is to run out the clock," Matthew Stepp and Clifton Yen of the Information Technology and Innovation Foundation wrote in a recent article posted on Forbes' website. "China knows it just needs to dial up the subsidies for only a little while longer until American producers give up or go bankrupt. Once it knocks out foreign producers, Chinese solar manufacturers will dominate global production and can increase their prices."
http://www.altenergymag.com/news/201...-markets/26959
And America competes with?
"free market/globalism" bull and killing govt support for solar/wind companies.
Dudes, this is the time to do solar if you are ever going to, I'm taking bids right now on my house. Prices are way down ...I'm getting bids of under $3 a watt installed and that's before the CPS rebate and tax credit. I'm pretty sure CPS is gonna stop the rebates soon because of their commitment to solar farms. This is how one bid broke down:Solar Power Much Cheaper to Produce Than Most Analysts Realize, Study Finds
The public is being kept in the dark about the viability of solar photovoltaic energy, according to a study conducted at Queen’s University.
“Many analysts project a higher cost for solar photovoltaic energy because they don’t consider recent technological advancements and price reductions,” says [co-author] Joshua Pearce, Adjunct Professor, Department of Mechanical and Materials Engineering. “Older models for determining solar photovoltaic energy costs are too conservative.”
Dr. Pearce believes solar photovoltaic systems are near the “tipping point” where they can produce energy for about the same price other traditional sources of energy.
That’s the news release for a new journal article, “A review of solar photovoltaic levelized cost of electricity” (subs. req’d). The analysis concludes:
Given the state of the art in the technology and favourable financing terms it is clear that PV has already obtained grid parity in specific locations and as installed costs continue to decline, grid electricity prices continue to escalate, and industry experience increases, PV will become an increasingly economically advantageous source of electricity over expanding geographical regions.
That argument is one Climate Progress and others have been making for a while (see ‘Ferocious Cost Reductions’ Make Solar PV Compe ive and Utility CEO on Solar: In “3 to 5 Years You’ll Be Able to Get Power Cheaper from the Roof of Your House Than From the Grid”.)
Here’s more for the news release (plus some more must-have CP charts):
Analysts look at many variables to determine the cost of solar photovoltaic systems for consumers, including installation and maintenance costs, finance charges, the system’s life expectancy, and the amount of electricity it generates.
Dr. Pearce says some studies don’t consider the 70 per cent reduction in the cost of solar panels since 2009 . Furthermore, he says research now shows the productivity of top-of-the-line solar panels only drops between 0.1 and 0.2 percent annually, which is much less than the one per cent used in many cost analyses.
Equipment costs are determined based on dollars per watt of electricity produced. One 2010 study estimated this cost at $7.61, while a 2003 study set the amount at $4.16. According to Dr. Pearce, the real cost in 2011 is under $1 per watt for solar panels purchased in bulk on the global market, though he says system and installation costs vary widely.
http://thinkprogress.org/romm/2011/1...realize-study/
7.35 KW system
total cost $26,970
less CPS rebate of $12,839
new cost $14,131
less Federal tax credit $4239
Total out of pocket cost $9892
Oh yeah...saves about $1200 a year on utilities at current rates. That's a 12.13% ROI that is untaxed.
Sadly, my roof, while not messed up at all, hasn't been replaced in about 16 years. I need to do that before I install solar.
Is it a shingle roof? They have solar PV shingles now. Do both at the same time.You could just replace the solar section now with the PV shingles, then do the rest when the roof wears out.
http://www.dowpowerhouse.com/index.h...FWGnPAodKTEAZA
not that I have the money for that anyway, but that looks to be the way to go.
Do what I do. Rob liquor stores on the way home from work.
rates are currently about 5%. That still gives you a 7% rate of return.San Antonio Credit Union
A deep commitment to long-term sustainability drives SACU to create innovative products that support our community to build a better tomorrow.
SACU proudly introduces its first environmentally friendly Solar Home Improvement Loan, designed to impact our neighborhoods and those who seek to reduce their carbon footprint and their overall energy costs.
What is It?
This unique loan is designed to finance the installation of solar energy improvements on your home, including solar arrays, solar hot water heaters or other improvements generated through a solar system.
Guidelines:
Loan term up to 30 years.
Loan amount up to $80,000
To check current rates, visit sacu.com
CPS Energy rebates can be applied, subject to CPS Energy
Eh, they all know my face. I spend exorbitant sums of money there every week.
I will look into this and I am not trying to argue your trying to help me, but I believe this is a home equity loan and this is something I don't have at the moment. If it isn't a home equity loan then I may take a second look. Perhaps I can structure it to be long enough to cost X dollars and generate enough power to save me => X. That way it would be at worst a wash that pays off when I sell.
Yeah, certainly not trying to push you into anything...just pointing out that in my opinion this is a window of opportunity that is about to close. I heard a CPS bigwig on the radio a couple of weeks ago and he was saying they were going to focus on big solar grid systems and probably end the residential rebates. They have about a million dollars left dedicated to the program and i suspect that when thats gone it's gone and the numbers just don't work without that big rebate.
Of course, fuzzylumpkins will now come in here and point out that I am an asshole for playing the system and letting other people pay for my solar system. They do these rebates and tax credits to influence consumer behavior. I'm an early adopter and subject to behavioral influence that makes sense financially. Guilty as ing charged.
Yeah, for sure. If it works out I am in, but I am a tax and spend liberal, so it is only my nature.
you can go here and register and they will contact 3 certified providers to bid your house. It explains all the rebates and credits. You don't even have to meet the contractors unless you have a biting dog in your yard. I've done everything by phone/email so far.
http://www.solarsanantonio.org/
The 4.6 Billion NASA wasted trying to find a roach fossil on Mars would have shingled many homes.
I thought you said that was faked?
Don't call him out on that. You can't expect him to keep two thoughts in his head at the same time.
psssssst! Apollo 11
You calling me out for a live debate?
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