Here’s a great article to study, I don’t suggest I have the answers, but I certainly do have Questions.
I’m sure every tax payer in Mass is proud to have invested his money in such a noble cause, whether it was a loser or not, and paying the additional taxes is just the price of pioneering a new technology right?
I’m sure the decision makers in Mass knew Evergreen Management must be bright as well, I mean after all, they were smart enough to jump on the green band wagon, and they developed this new technology to make silicon go further.
I called a friend last night who has worked on some of the largest solar installs in the world, he is presently working on a 60KW project. At one time, he also sold individual panels, controllers, inverters, and more. So I value his opinion. He shared that it appeared that Evergreen was a last choice in every market segment of solar panel investment whether large or small. Perhaps part of the problem is the panels are considerably larger than the competitor’s panels, in other words, it takes more area to make a watt of power output. They are large enough to force a person to pay for the far higher truck shipping VS using UPS or Fedex to deliver the panels. There are other considerations, one might be looking at the amount of ‘sail’ area (square feet of panels) a tracker can handle, and he knows trackers are expensive, so best to get the maximum power up on each tracker. Perhaps others have a limited amount of space on a southern exposure, and they wanted to maximize the use of that space, and opted for the smaller panels of a proven technology, and a lower overall cost per watt after considering shipping?
If these concerns are factual, did the elected officials of Mass have this information before they voted on giving $58 million dollars of tax payer money to Evergreen? Were they informed at all, or did they vote on the color green alone?
As for the management of Evergreen, did they ever consider the cost of labor, and the huge tax load they would pay in Mass, and is it reasonable to think you could compete in such a market with all the handicaps?
Where ever we look, we see people excited about the color green. Some believe it’s best that we let the individual investors make the choice as to where their money goes, versus having some uninformed elected official make it for us.
In Washington State, we have a Governor who is all excited about Wind Power, the State is facing serious financial difficulties, but she can’t help herself. She has over ruled decisions as to where wind farms will be located, and it one case she (or elected government officials) delivered a $5 Million grant to an entity setting up some wind turbines near our coast line. Wind Turbines are not without their problems, and our coast line produces some very intense and not so predictable gusts, there are more than 100 square miles of trees laying flat near our coast line, and no one I know who would guarantee a return on investment from Windpower in that area.
Is it right that our elected officials force us to invest in these things? We look on as Illinois delivers the news that state income taxes are now 66% higher. For those who understand cause and effect, we know that living in that State has just become far less attractive. It means that companies who were considering Illinois might go elsewhere, it means that individuals might move out of state as well. All of this has a bearing on your home value, for those who live just across the state line from Illinois, you likely were handed a gift in appreciating home values.
If you have children, I’m sure some of them think Glen Beck is crazy. At this point, I think he might be on to some thing. It might be that our elected officials are the real nuts.. they now vote on stuff they don’t read, they think anything painted green is good, and they think they are wise enough to pick the winners for taxpayers in complex technologies… how nuts is that, and was it ever their job to pick the winners and losers in a technology race?