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brenthutch

Another "green" energy company bites the dust

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gowlerk

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Oil in particular is too valuable as a raw material to be simply burned when other sources of energy are available.




Yes, we need it to make nylon.



And KAYAKS!

That way protesters can paddle to the protest of the source material of the vehicle they are taking to get to the protest of the . . . .
I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

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kallend

***Hi jerry,
With a centuries worth of cheap, plentiful, reliable fossil fuel still in the ground, it is foolish to waste limited resources on a non-problem. The landscape of technology will be unrecognizable in twenty years let alone one hundred.



Oil in particular is too valuable as a raw material to be simply burned when other sources of energy are available.

The market would disagree with your assessment.

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The market would disagree with your assessment.



That's why unfettered free markets are not allowed. They can not appreciate tomorrow only today.
Always remember the brave children who died defending your right to bear arms. Freedom is not free.

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Ever hear of "futures?"



The oil futures market extends about 8 years. Hardly enough for anyone's children to grow up. Short term thinking like that only suits deadenders.
Always remember the brave children who died defending your right to bear arms. Freedom is not free.

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brenthutch

***

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The market would disagree with your assessment.



That's why unfettered free markets are not allowed. They can not appreciate tomorrow only today.



For not being allowed, they are speaking loudly and clearly.

Ever hear of "futures?"

Indeed. Not much volume at the CME beyond 2018. Not exactly a long-term outlook.
...

The only sure way to survive a canopy collision is not to have one.

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billvon

>For not being allowed, they are speaking loudly and clearly.

As did Bernie Madoff's investors. They loved him - and spoke with their dollars. 17 billion of them.



And their dollars spoke back, they lost money, he was jailed and the market taught a lesson.

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gowlerk

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Ever hear of "futures?"



The oil futures market extends about 8 years. Hardly enough for anyone's children to grow up. Short term thinking like that only suits deadenders.



Your lack of financial literacy is stunning, yes, you too Kallend.

But of course Kallend knows better, he is just playing stupid.

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Your lack of financial literacy is stunning, yes, you too Kallend.



I know enough to have bought XOM and BP both near the bottom of their recent price ranges. And not to hold any coal stocks. That's literacy enough for me.
Always remember the brave children who died defending your right to bear arms. Freedom is not free.

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>And their dollars spoke back, they lost money, he was jailed and the market taught a
>lesson.

Yep. Just as the market is now teaching the coal investors a very expensive lesson, while solar companies are doing quite well as a whole.

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billvon

>And their dollars spoke back, they lost money, he was jailed and the market taught a
>lesson.

Yep. Just as the market is now teaching the coal investors a very expensive lesson, while solar companies are doing quite well as a whole.



Solar companies like these?

Abound Solar (CdTe) bankrupt
AQT (CIGS) closed
Ampulse (thin silicon) closed
Arise Technology (PV modules) bankrupt
Azuray (microinverters) closed
BP (c-Si panels) exits solar business
Centrotherm (PV manufacturing equipment) bankrupt and restructured
CSG (c-Si on glass) closed by Suntech
Day4 Energy (cell interconnects) delisted from TSX exchange
ECD (a-Si) bankrupt
Energy Innovations (CPV) bankrupt
Flexcell (a-Si roll-roll BIPV) closed
GlobalWatt (solar) closed
GreenVolts (CPV) closed
G24i (DSCs) bankrupt in 2012, re-emerged as G24i Power with new investors
Hoku (polysilicon) shut down its Idaho polysilicon production facility
Inventux (a-Si) bankrupt
Konarka (OSCs) bankrupt
Odersun (CIGS) bankrupt
Pramac (a-Si panels built with equipment from Oerlikon) insolvent
Pairan (Germany inverters) insolvent
Ralos (developer) bankrupt
REC Wafer (c-Si) bankrupt
Satcon (BoS) bankrupt
Schott (c-Si) exits c-Si business
Schuco (a-Si) shutting down its a-Si business
Sencera (a-Si) closed
Siliken (c-Si modules) closed
Skyline Solar (LCPV) closed
Siemens (CSP, inverters, BOS) divestment from solar
Solar Millennium (developer) insolvent
Solarhybrid (developer) insolvent
Sovello (Q-Cells, Evergreen, REC JV) bankrupt
SolarDay (c-Si modules) insolvent
Solar Power Industries (PV modules) bankrupt
Soltecture (CIGS BIPV) bankrupt
Sun Concept (developer) bankrupt
Array Converter (Module-level power electronics) bankrupt, IP to VC investor
Avancis (CIGS) discontinuing production
Bosch (c-Si PV module) exits module business
Concentrator Optics (CPV) bankrupt
Cyrium (CPV semiconductors) bankrupt
Direct Grid (microinverters) closed
EiQ (Module-level power electronics) closed
GreenRay (microinverters) closed
Helios Solar (c-Si modules) bankrupt
Hoku Solar (silicon) bankrupt
Honda Soltec (CIGS thin-film modules) closing
Infinia (Stirling engine CSP) bankrupt
Nanosolar (CIGS) closed
Pythagoras Solar (BIPV) closed
Solarion (CIGS) went bankrupt but restructured and in limited production
SolFocus (CPV) bankrupt
Sunsil (module level electronics) closed
Suntech Wuxi (c-Si) bankrupt
Tioga (project developer) closed
Willard & Kelsey (CdTe panels) bankrupt
ZenithSolar (CHP) bankrupt

And that is in just two years and with billions in government support.
Quite well indeed.

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jakee

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The market would disagree with your assessment.



Yeah, but the market is like Janice from accounting - it don't give a fuck.



Here is the heart of the eco alarmist argument.

It has nothing to do with the planet.

It has everything to do with capitalism.

Only you are too brainwashed to realize it.
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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DanG

All that lists shows is that solar is a highly competitive market, with lots of companies entering and exiting. It says nothing about the viability of the technology.



Nothing says viability like plunging stock prices.

"Shares of Solar City (SCTY), the residential solar power installation company backed by billionaire Elon Musk, have tumbled nearly 40 percent this year. SunPower (SPWR), the second-largest U.S. solar panel manufacturer, is off by about 30 percent. First Solar (FSLR), which also makes panels, has seen its stock fall nearly 9 percent."

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Are you arguing that because some US solar power companies are not doing well, that solar power is not technologically viable? Did the automobile become technologically unviable when US car companies started losing market share to Japan in the 1970s?

- Dan G

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You are conflating technologically possible with economically viable.



I am?!? That's what you are doing. You're arguing that solar is a bad technology because it isn't currently economically viable. As evidence you point to a bunch of US solar companies that have gotten out of the business or gone bankrupt.

I'm trying to point out that just because some companies are having trouble cashing in on solar, it doesn't mean the technology doesn't have merit.

Quote

BTW what solar companies are doing well?



Right now, Chinese ones.

- Dan G

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DanG

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You are conflating technologically possible with economically viable.



I am?!? That's what you are doing. You're arguing that solar is a bad technology because it isn't currently economically viable. As evidence you point to a bunch of US solar companies that have gotten out of the business or gone bankrupt.

I'm trying to point out that just because some companies are having trouble cashing in on solar, it doesn't mean the technology doesn't have merit.

Quote

BTW what solar companies are doing well?



Right now, Chinese ones.

Which is highly subsidized by the their government
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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All Chinese companies are highly subsidized by their government. That doesn't say anything about the technology.

Actually, the fact that the Chinese are trying to corner the market on solar panel production means they think it will be an important technology of the future. If they shared brenthutch's viewpoint, they wouldn't be investing so heavily in the industry.

- Dan G

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DanG

All Chinese companies are highly subsidized by their government. That doesn't say anything about the technology.

Actually, the fact that the Chinese are trying to corner the market on solar panel production means they think it will be an important technology of the future. If they shared brenthutch's viewpoint, they wouldn't be investing so heavily in the industry.



I am very sure their motives are not that simple.
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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I am very sure their motives are not that simple.



What are their motives?

Do you believe (like your candidate Donald Trump) that global warming is a Chinese hoax? That they are building lots of solar panels to fool the world into their AGW conspiracy?

Why do you think my theory (that they want to make money) is unrealistic?

Please, educate me.

- Dan G

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