Monthly Archives: May 2017

Largest US Solar Panel Maker Files for Bankruptcy After Receiving $206 Million in Subsidies

Trend first Wind Energy tanks and now solar power tanking all after significant subsidies received from the Fed. What a waste.

Parker County Blog

The Daily Caller, Michael Bastasch / / May 11, 2017 /

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The company once hailed as Europe’s largest solar panel producer filed for bankruptcy Wednesday, blaming cheap Chinese panels for flooding the market.

“The ongoing price erosion and the development of the business” has left the company “over-indebted and thus obliged to file for insolvency proceedings,” SolarWorld, which is also the largest U.S. solar panel maker, said in a statement.

The filing comes after SolarWorld was forced to lay off employees earlier this year. The company employs around 3,000 people, including 800 in Hillsboro, Oregon, and was one of the few German-based solar companies to survive a recent market downturn.

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Thursday, May 11, 2017 — Deranged Democrats, Progressive Projection, Kudos To Grassley, Dissing DeVos

CWF is a non-partisan political action committee (PAC) dedicated to electing pro-family, pro-life and pro-free enterprise candidates to public offices.

Source: Thursday, May 11, 2017 — Deranged Democrats, Progressive Projection, Kudos To Grassley, Dissing DeVos

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