Since Mr Obama and his ilk have obtained their pound of flesh from the taxpayers on the billions of dollars spent on the new and glorious solar energy enterprises, and since the campaign coffers are overflowing, it's probably time to cut and run.
But take heart, this isn't as bad as the failure rate of the wind mills and the cost associated with this failure that will have to be paid by state and local communities as the federal warranties are set to run out. A transmission for one of these behemoths will cost more then $600,000. Now I wonder what the people will decide what to do with the huge costs to repair these green energy nightmares?
I believe the scape people are in for a windfall.
Solar Industry Anxious over Defective Panels
Source: Todd Woody, "Solar Industry Anxious over Defective Panels," New York Times, May 28, 2013.
June 5, 2013
The $77 billion solar industry is facing a quality crisis just as solar panels are on the verge of widespread adoption, says the New York Times.
No one is sure how pervasive the problem is. There are no industry-wide figures about defective solar panels. And when defects are discovered, confidentiality agreements often keep the manufacturer's identity secret, making accountability in the industry all the more difficult. Billions of dollars have financed solar installations, on the premise that solar panels will more than pay for themselves over a quarter century.
The quality concerns have emerged just after a surge in solar construction.
No one is sure how pervasive the problem is. There are no industry-wide figures about defective solar panels. And when defects are discovered, confidentiality agreements often keep the manufacturer's identity secret, making accountability in the industry all the more difficult. Billions of dollars have financed solar installations, on the premise that solar panels will more than pay for themselves over a quarter century.
The quality concerns have emerged just after a surge in solar construction.
- In the United States, the Solar Energy Industries Association says that solar panel generating capacity exploded from 83 megawatts in 2003 to 7,266 megawatts in 2012, enough to power more than 1.2 million homes.
- Nearly half that capacity was installed in 2012 alone, meaning any significant problems may not become apparent for years.
- Chinese banks in March, for instance, forced solar energy company Suntech into bankruptcy.
- Until 2012, the company had been the world's biggest solar manufacturer.
- Executives at companies that inspect Chinese factories on behalf of developers and financiers say that over the last 18 months they have found that even the most reputable companies are substituting cheaper, untested materials.
- But a review of 30,000 installations in Europe by the German solar monitoring firm Meteocontrol found 80 percent were underperforming.
- Testing of six manufacturers' solar panels at two Spanish power plants by Enertis Solar in 2010 found defect rates as high as 34.5 percent.
- First Solar, one of the United States' biggest manufacturers, has set aside $271.2 million to cover the costs of replacing defective modules it made in 2008 and 2009.
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