Thread: Massachusetts solar plant to close after 2 years $58,000,000

Even massive subsidies couldn't save it.

January 14, 2011

MA solar plant to close after two years

Ethel C. Fenig
17 Comments

While the sun might be a constant source of light and heat apparently even constant Massachusetts government green dollars--$58,000,000 of them--couldn't guarantee Evergreen Solar Company customers and a profit.

So just two years after opening a solar energy plant with great fanfare--and even greater state subsidies--the plant is closing and with it 800 jobs reports Todd Wallack of the Boston Globe. http://www.boston.com/business/articles ... ith_china/

Why?

calling itself a victim of weak demand and competition from cheaper suppliers in China, where the government provides solar companies with generous subsidies.

And speaking of China...

Evergreen itself has a factory in Wuhan, China, built in collaboration with a Chinese company, Jiawei Solarchina Co. Ltd., and with money from a Chinese government investment fund. The company had previously said it would shift some production from Devens to the Wuhan plant but yesterday was the first time it said Devens would be closed.

Using even more state green

In the 2010 gubernatorial campaign, Patrick was heavily criticized by his rivals for providing so much public aid to a company during tight fiscal times. One mark of the sensitivity of the issue: Evergreen yesterday requested that the State Police provide four troopers for security at the Devens plant until it closes, two Massachusetts officials said.

The snow and cold weather continue in Massachusetts as does the spending of the green. But the sun will come out tomorrow, sometimes shining on and heating homes adorned with solar panels from China.

http://www.americanthinker.com/blog/201 ... after.html

I bet the creators still walked away with a pocket full of money

The spending of public funds on green technologies needs to be investigated. Ethanol plants end up going broke, filing bancruptcy, get more funds and then going at it again. The taxpayers are being ripped off and they ought to demand investigations and accountability.

Windmills are in the same boat.

There is a lot of money floating around in these boondoggle projects, one can't help but wonder, where is the green?

Both parties are responsible for lousy energy policies over the last 30 yrs or so.