LIGHTS OUT FOR ANOTHER SUBSIDIZED SOLAR FIRM

News
by: Hubble Smith
Wednesday, July 18, 2012
Lights out for another subsidized solar firm

A designer and manufacturer of concentrated photovoltaic solar power systems, Amonix, has closed its 214,000-square-foot facility 14 months after it opened. Photo Credit:AP

The Amonix solar manufacturing plant in North Las Vegas, heavily financed under an Obama administration energy initiative, has closed its 214,000-square-foot facility 14 months after it opened.

Officials at Amonix headquarters in Seal Beach, Calif., have not responded to repeated calls for comment this week. …

A designer and manufacturer of concentrated photovoltaic solar power systems, Amonix received $6 million in federal tax credits and a $15.6 million grant from the U.S. Department of Energy to build the plant in North Las Vegas.

Read more:http://times247.com/articles/another-solar-firm-dies-out-after-receiving-15-6m-grant#ixzz212OPWJ5q

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One thought on “LIGHTS OUT FOR ANOTHER SUBSIDIZED SOLAR FIRM

  1. Pingback: Another solar bust for Obama « RubinoWorld

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