Portland's solar economic future gets dimmer
All the king's handouts and all the king's pork can't keep the solar energy equipment market from falling apart. Supposedly SoloPower's going to create hundreds of new jobs in Portland, with the help of massive subsidies. Well, they'd better hurry.
Comments (7)
Puh-leeze, SoloPower was a fiction from the get-go. They lease an empty space, take the grant money and then once the noise blows over will leave town with a lot of bonuses for upper management.
It'd be worth it to see what ReVolt has done with that $5M grant Wyden, Merkley and Wu gave them a year ago. Betcha they have an empty lease space also.
Maybe if our overlords would realize most business types are smarter than them and just stick to building a good school system, we'd move a lot further.
Posted by Steve | December 12, 2011 10:36 AM
So how many people will they employ in getting ready for and holding an auction?
Posted by Abe | December 12, 2011 10:47 AM
The worst part is that there's a market, definitely down in the Southwest, for final product. All summer long, I would have done anything for affordable solar panels for most of my roof. The test, though, is the word "affordable", and SoloPower's panels probably wouldn't have been affordable even if they'd gotten their acts together. In this case, I suspect the correct term to describe its current situation is "running down the clock." The employees will be laid off, the execs will hand each other big retention bonuses for sticking around, and Portland will take the financial hit.
Posted by Texas Triffid Ranch | December 12, 2011 12:50 PM
When will the elected twits realize that the best way to attract business is to get rid of red tape and restrict government actions to those actually needed: police, fire, courts, roads (not bikes!) and lower taxes with the savings.
We hire these electeds to run the services, not to tell us how, or where to live or to rebuild the city in the shape of the latest popular delusion (young creatives, smart growth, peak oil, climate disruption, ad infinum).
Provide a safe, low cost environment and they will come!
Thanks
JK
Posted by jim karlock | December 12, 2011 2:21 PM
All summer long, I would have done anything for affordable solar panels for most of my roof
Heck, just build a little scaffold and install sheets of plywood. That'll deflect the sun, saving you energy costs - and for far less than solar panels.
Posted by Max | December 12, 2011 4:16 PM
JK: When will the elected twits realize that the best way to attract business is to get rid of red tape and restrict government actions to those actually needed: police, fire, courts, roads (not bikes!) and lower taxes with the savings.
TOJ: Never. Because to do so would force them to admit their incompetence and perversion of democratic intstitutions for partisan political purposes; expose their deceit and corruption; and shut off the gushing faucet of public money pouring into the pockets of themselves and their supporters.
Perhaps an oversimplification, but that's the basics, as I see it. Where am I going wrong here?
Posted by The Other Jimbo | December 12, 2011 4:37 PM
Other Jimbo: Where am I going wrong here?
JK: Can't think of anything.
Well, maybe you're too easy on them.
Thanks
JK
Posted by jim karlock | December 12, 2011 5:16 PM