Liberty Park Press

Liberty Park Press

  • Headlines
  • Politics
  • levitra pills
  • cialis without rx
  • buy cialisonline from canada
  • cheap generic levitra
  • http://libertyparkpress.com/what-does-cialis-do/

The Setting Sun of The Solar Industry?

August 17, 2016 By Conn Williamson

solarcity

Technological and financial limitations in the absence of government subsidies have dealt the solar industry a mortal blow as leading residential installer SolarCity has been forced to take extreme measures in reorganization, salary cuts and layoffs in remaining buoyant.

The company released the news Wednesday to investors and the public in the wake of suffering $55 million in net losses during the second quarter.  Tesla recently acquired SolarCity for $2.6 billion.

While the market for the generation of alternative energy sources is growing, the constraints of the current solar technological infrastructure severely hinders the reality of efficiency and potential profits from a large-scale manufacturing front.  According to a 2015 MIT study, a dearth of crucial raw materials couple with high assembly costs outweighs the existence of current solar ventures.  In the US alone, only a fraction of a percent of the country’s energy production is generated by solar means.  The study concludes that in absence of monumental fundraising efforts and momentous advances in innovation, the industry is doomed.  Even with the miraculous fortune of ultimate success, the rigors of integration into the current grid from a competitive and political could be potentially daunting.

Although SolarCity (Tesla) owns the majority of the US residential solar market, without outside assistance, including the buyout and the reliance on Federal dollars, the company and competitors would be looking into the vortex of Chapter 11.

With the outlandish price point of specified manufacturing and mining techniques and the net cost of construction, at what point in the cost-benefit analysis research does one realize that a good theory on paper or a tablet does not always equate to viable technology or business venture?  This notion coupled with the vacillating consensus of the “carbon footprint” debate, leads to the thought that maybe it is all a scam contrived and fueled by George Soros.

Read the full article here.

VIDEO:  WSJ’s Coverage of Tesla’s Purchasing Power and Influence


 

Facebook Comments

Related

Filed Under: Money, News Feed

Please Subscribe

We respect your email privacy

Powered by AWeber Email Marketing

 

Featured Stories

Forbes: Gun Industry Analyst Sees ‘Significant’ Gun Control Action

WA Legislature Eyeballs Bills to Ban ‘Assault Weapons’

Trickling Down The Waterspout- The Controversy Brewing Within Second-Tiered Social Media

Second Amendment Foundation Sues ATF over Arm Braces

BREAKING: NRA Files for Bankruptcy Protection, Plans Texas Reorganization

Thousands of Troops Deployed in D.C. as Inauguration Approaches

AOC Confirms: Leftist Dems Now Looking at First Amendment

Chaos in the Capitol? Libs Press Impeachment Amid Name-Calling

VIRAL STORIES

Colossal Pizza Slice Marks The End Of An Era

The Hardheaded And Plummeting Ratings Of Sports Television

Escaping The Madness- Where On Earth Does One Go To Avoid Bubonic Politicization?

Driving A Jet Engine Or Racing A Car? Choose Wisely

Hopeful Romantic’s Loving Gesture Inadvertantly Goes Viral

Buckle Up and Fly Right- Extreme Jetstream Season Has Arrived

Surfing Where There Is No Ocean

Crafting A Fully-Functional PC From Wood- Time Slows Down For Once

About Us

Liberty Park Press is an online information website dedicated to providing you with breaking, useful, or interesting information.

Read More

PRIVACY AND TERMS

Welcome to Libertyparkpress.com. If you continue to browse and use this website you are agreeing to comply with and be bound by the following terms and conditions of use:
Continue Reading…

CONTACT US

Liberty Park Press
12500 NE 10th Place
Bellevue, WA 98005

Copyright © 2021 · Liberty Park Press Inc · all rights reserved · Log in