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Keyword: suniva

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  • LG to Build New 500MW Solar Module Manufacturing Plant in Alabama (160 full-time jobs)

    06/30/2018 12:09:17 PM PDT · by 2ndDivisionVet · 30 replies
    Greentech Media ^ | June 27, 2018 | Julia Pyper
    LG Electronics is expanding its U.S. presence with a new solar module assembly plant in Huntsville, Alabama. The South Korean technology giant will invest $28 million to set up the factory that's expected to create 160 new full-time jobs. LG will add two production lines at its 48-acre campus in Huntsville, where the company has had operations for four decades. The solar module plant will bring LG's total employment in the Southern city to more than 400 workers. Starting in early 2019, the new manufacturing plant is expected to produce 500 megawatts of solar modules per year. LG joins a...
  • Solar Company Gets $25 Million In Taxpayer Subsidies, Goes Bankrupt

    04/21/2017 8:56:30 AM PDT · by rktman · 30 replies
    dailycaller.com ^ | 4/20/2017 | Andrew Follet
    Solar company Suniva Inc. filed for bankruptcy Wednesday after receiving millions in government subsidies to manufacture solar panels. Suniva blamed its bankruptcy on competition from cheap Chinese-made solar panels, but the company received about $20 million in support from federal and state taxpayers, according to the Atlanta Journal-Constitution. “For many years, Chinese manufacturers of solar cells have benefited from favorable, state-sponsored financing and lower labor costs, allowing them to flood the United States market for solar cells and modules with cheap imports,” David Baker, the company’s restructuring officer, said in a statement. “This has negatively impacted manufacturers based in the...
  • Another solar company bites the dust

    04/18/2017 11:36:58 AM PDT · by WombatKing · 22 replies
    pv magazine USA ^ | 4/18/2017 | Christian Roselund
    Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. solar manufacturers has filed for bankruptcy.
  • Prison labor helps U.S. solar company manufacture at home ( Suniva & Goldman Sachs )

    06/10/2015 11:58:39 AM PDT · by george76 · 15 replies
    Reuters ^ | June 10 , 2015 | Nichola Groom
    One of the largest companies to manufacture solar panels in the United States uses a surprising resource to keep costs low and compete against producers from China: prison labor. Suniva Inc, a Georgia-based solar cell and panel maker that is backed by Goldman Sachs Group Inc, farms out a small portion of its manufacturing to federal inmates as part of a longstanding government program intended to prepare them for life after prison. Suniva does not actively publicize its work with the prisons, saying it prefers to talk about its in-house factories in Georgia and Michigan, which handle most of its...
  • Rosy Solar Jobs Projections Fail To Live Up To the Hype

    02/09/2012 11:26:07 AM PST · by MichCapCon
    Capitol Confidential ^ | 2/8/2012 | Tom Gantert
    In the final days of Gov. Jennifer Granholm’s tenure, the state Department of Energy, Labor & Economic Growth trumpeted the success of green jobs created in the solar industry. “Total job creation projected of 21,592” the April 12, 2010, DELEG presentation claimed. Almost two years later, the large majority of those jobs never saw the light of day. Even if they had come to fruition, they would just be a small part of the entire Michigan economy, says James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. For example, the state of Michigan created 218,137...