China wins again by doing it right

Solyndra: House committee grills officials over failed solar firm –

“The rest of the world takes the industry enormously seriously,” Silver said. “It’s a multitrillion-dollar market that will create tens of thousands of jobs. “We invented this technology and we should produce it here. … This is a battle we must fight and win.” Solyndra officials cited foreign competition, particularly from China, as a significant cause of the company’s failure. Chinese companies, which receive billions of dollars in government funding, are producing similar products at a fraction of the cost that Solyndra could, the company said.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s