Another “Green Energy” Company Closes Doors

In the 1980’s I purchase a solar system to provide heat to my home. It worked somewhat but not to the level as was advertised. Even back then with government subsidies great claims were made about what solar power could achieve if there was just more government money invested in it. (Have we heard that recently?) And now just like back then companies took the money, made a few shrewd business people rich (?), but failed to produce the promised results. Technology has advanced since then for sure.

I like solar energy. But it must stand on its own in the market place to succeed. Clearly, at this point in time it has not.

“A green energy company heavily incentivized by Mississippi is shutting down, raising questions about whether the state will get repaid.

Solar panel maker Stion notified the state Tuesday that it would close its Hattiesburg plant Dec. 13, laying off 137 employees.click here

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