Friday, September 23, 2011
Solyndra
Last week, Solyndra a solar power manufacturing company was declared bankrupt. Solyndra is located in Fremont, California and manufactures solar panels that use little amounts of refined silicon. This was a cause for Solyndra's downfall because refined silicon was very expensive and Solyndra innovated a new solar panel that requires little amount of silicion. The downside was this new solar panel was very expensive and unfortunately refined silicon is a lot cheaper than before and other manufacturing companies that continue to use refined silicon can offer similar solar panels at much cheaper prices. Solyndra also relied on giving customers cheap installation rates because their new solar panels were suppose to offer easy installation compared to other competitors. Yet again, the other manufacturing companies where able to almost equal Solyndra's ""affordable installation rates". This company in particular was suppose to be an ever lasting company that would help the United States continue to move forward in technology.
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It's funny. The people that come up with these ideas are scientist. But the people that present to, and push them on the public are business men. I wonder what inventions could have flopped because of $, not usefulness.
ReplyDeleteRefining silicon is a process that is very harmful to the environment. One of the main points in using solar energy is to protect the environment, silicon solar panels neither save money nor do they protect the environment.
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