Greetings EEVBees:
--Well another US PV bites the big one for $40,000,000 or so. Now wait, it gets better. This time not just President Obama, but McCain, Palin, Senator Portman R of Ohio, and nearly every State, County, and City employee, republican or democrat all singing the praises of the federal 34,000,000 plus 6,000,000 or so in state and local bennies for a start up of a company called Xunlight. I hope no one will mind if I do not list all the solar, and battery related companies that have gone belly up, taking with them beaucoup samoleons, as the list would be long. Better yet, perhaps someone will list the big successes the administration and various state and city nomenklatura both republican and democrat have had loaning millions to renewable related startups.
--If the federal government, usually the leading agency on these dry holes, is going to continue this profligacy, they ought to at least hire someone like Dave Jones to help them pick horses. Hell, pert near any of the engineers, on this blog would have smelled the rat in a lot of these half ass "companies", most of which were still trying to borrow more millions that they knew would never be repaid. Uncle Sam could have bought several thousand acres of PV solar for the money that went down the rat hole.
“I appreciate the hospitality of Xunlight Energy, and all the people of Toledo. The folks at Xunlight are doing great work for this community and our country,” Mrs. Palin said on October 29, 2008.
http://www.xunlight.com/http://www.nysun.com/national/wheres-the-xunlight-a-real-life-parable-for/88950/http://www.13abc.com/story/25980623/xunlight-solar-panel-corp-shuts-its-doors“World consumption of oil is still going up. If it were possible to keep it rising during the 1970s and 1980s by 5 percent a year as it has in the past, we could use up all the proven reserves of oil in the entire world by the end of the next decade.” [1977]
James Earl Carter 1924 -
[Ed. Yes I know, its not the full quote, its out of context, and he did not say that.]
Best Regards
Clear Ether