Solar Panels Off To China
http://www.msnbc.msn.com/id/34771574/ns/business-eye_on_the_economy/
Jan 2010 Obama says Green jobs are the future.
"It's clear why such an effort is so important. Building a robust clean energy sector is how we will create the jobs of the future, jobs that pay well and can't be outsourced," Obama said at the White House.
Jan 2011 US made solar panels off to China
http://www.nytimes.com/2011/01/15/business/energy-environment/15solar.html?pagewanted=1&_r=1&sq=solar panels&st=cse&scp=2
Mr. El-Hillow said in the statement, they have been able to push prices down sharply because they receive considerable help from the Chinese government and state-owned banks, and because manufacturing costs are generally lower in China.
Other solar panel manufacturers are also struggling in the United States. Solyndra, a Silicon Valley business, received a visit from President Obama in May and a $535 million federal loan guarantee, only to say in November that it was shutting one of its two American plants and would delay expansion of the other.
First Solar, an American company, is one of the world’s largest solar power vendors. But most of its products are made overseas.
China just passed the United States as the world’s largest builder and installer of wind turbines.
Obama is a fool.
Jan 2010 Obama says Green jobs are the future.
"It's clear why such an effort is so important. Building a robust clean energy sector is how we will create the jobs of the future, jobs that pay well and can't be outsourced," Obama said at the White House.
Jan 2011 US made solar panels off to China
http://www.nytimes.com/2011/01/15/business/energy-environment/15solar.html?pagewanted=1&_r=1&sq=solar panels&st=cse&scp=2
Mr. El-Hillow said in the statement, they have been able to push prices down sharply because they receive considerable help from the Chinese government and state-owned banks, and because manufacturing costs are generally lower in China.
Other solar panel manufacturers are also struggling in the United States. Solyndra, a Silicon Valley business, received a visit from President Obama in May and a $535 million federal loan guarantee, only to say in November that it was shutting one of its two American plants and would delay expansion of the other.
First Solar, an American company, is one of the world’s largest solar power vendors. But most of its products are made overseas.
China just passed the United States as the world’s largest builder and installer of wind turbines.
Obama is a fool.
posted by res17 at
January 15, 2011
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