Chinese Solar Panel Company Defaults on Debts
Unable to make payment on $541 million in bonds
Unable to make payment on $541 million in bonds
And could take whole industry with it
How about a "balanced approach" to energy and climate policy?
Heavily subsidized manufacturing of panels produces tons of hazardous waste
Losing money there and will focus on hydro and wind instead
Now we'll know exactly where all the subsidies are being blown
Trade war would ultimately hurt United States, they argue
But blamed failure on Chinese competition
Chinese company lured to Nevada; now Reid wants to make sure the state signs agreement
The 18-year loans target solar, wind and thermal energy.
Cower, America, and consider China's $17.5 billion solar manufacturing debt. How can we compete with that?