Tuesday, October 23, 2012

Solyndra is Coming Back From the Dead

Note: From what I've read about Solyndra, and it's obvious those that keep using it as a political tool and not only against the present Administration but also by the special interests to continue their some forty year block on advancing an industry and need, they had a great product that was cheaper to install. But like most startups, and most do fail, other factors contributed to the bankruptcy, those list of factors vary in all area's.

Solyndra Fights Back Against China
October 19th, 2012 - With electoral politics in the air these days, and much at stake for those working towards a sustainable future, it’s hard to miss the fact that Republicans love to belittle the Obama administration’s failed investment in Solyndra. They have used the company’s bankrupcy, with some success, as a weapon in their efforts to keep the environment and the green economy out of the debate, suggesting that somehow the failure of this one company entitles them to dismiss the entire green economy as little more than “tilting at windmills.” In doing so, they are simply showing their ignorance of this company’s story, of the solar industry in general, and of the very nature of technology venture capitalism (not to mention the tremendous success of the green economy in creating jobs).

The fact that Solyndra has now filed a lawsuit against three Chinese solar manufacturers, an industry trade association, and the Chinese government shows that there is far more to the story than a quick sound bite can convey.

snip

Now, Solyndra is coming back from the dead, fighting back with an anti-trust lawsuit against three Chinese solar manufacturers: Suntech Power Holdings, Trina Solar and Yingli Green Energy. According to the court filing, “Solyndra’s better solar panel system, with its lower cost of installation, created a barrier to defendants’ complete domination of the market – so long as Solyndra, and its technology, was available in the market, defendants would not have been able to dominate the commercial and industrial rooftop market.” read more>>>


No comments:

Post a Comment