Suppliers of equipment for big coal miners are scrambling to find new customers as the coal companies get slammed by natural gas, environmental regulations and the strong dollar, John W. Miller reports.
The West Virginia Center on Budget and Policy estimates that four subsidiary jobs depend on every coal-mining job. “Coal mining requires tons of machinery and equipment,” says Ted Boettner, the center’s executive director. “And the problem is that coal companies tend to not be diversified.
They’re not also into solar panels.”
The suppliers, located in West Virginia, Pennsylvania, Ohio and Kentucky, are looking at other avenues like restoring and building streetcars and battery technology. But Kenneth Troske at the University of Kentucky says that unless more companies can find alternative businesses, “the best thing to do would be to provide people with education and let them relocate.”
Tesla Motors Inc., meanwhile, secured a supply of lithium hydroxide for lithium-ion batteries used in its electric vehicles.
Nobody nobody.... LOL!
That's why SCTY is 40 times bigger than ACI....
That little cockroach..... LOL!
That is why that they are getting so many new solar applications in NV....
May 300 Per week
Jun 500 per week
July 700 per week.....
Why Kohls headquarters in Menominee Falls is 100% renewable power...
Ah, yes that is why you are so rich... LOL!
What do tech giants Apple, Google, Intel and Microsoft, retailers Kohl's, Whole Foods and Wal-Mart, the U.S. Energy and Veteran Affairs Departments, and the cities of Houston and Washington, D.C. have in common? According to recently updated data in the Environmental Protection Agency's Green Power Partnership, they are the most prolific users of renewable energy in the United States.
Oh, you are so much smarter than them.... HA HA HA HA
Debbie Dooley is not a conservative?
Are you an idiot that HAS TO FOLLOW THE MANUAL?
Do any of you have YOUR OWN BRAIN? LOL!
Solar3D commented on the importance of the addition of Elite Solar to its family of companies.
"Identifying solar companies for our consolidation strategy requires a vigorous due diligence process that our team takes very seriously," said Jim Nelson, CEO of Solar3D. "While vetting a number of strong companies, we were drawn to Elite Solar's rapid organic growth in the Northern California and Central Valley farming sector, as well as their synergistic value-add to our other divisions, SUNworks and MD Energy. An important part of our consolidation strategy is to build an ecosystem where all Solar3D subsidiaries, current and future, leverage expertise and resources through their relationship with one another, resulting in a Solar3D enterprise with stronger offerings, more market presence, and poised for tremendous revenue growth."
Elite Solar, led by CEO Kirk Short, is comprised of over 25 professionals whose reputation for providing customer-friendly solar solutions has resulted in sales expected to approach $20 million in 2015 compared to $7.5 million in 2014, an increase of 166 percent -- with a very strong year end backlog. Elite Solar is known for its presence as a dominant player within the agricultural solar industry in California, executing approximately 70 percent of its contracts in the farming sector, with 20 percent in commercial, and 10 percent residential. Their foothold in the space is expected to align directly with SUNworks' growing area of focus, as the Roseville, CA- based subsidiary has recently closed a flurry of contracts for large agricultural solar projects.
"We believe the integration of Elite Solar into Solar3D will provide the resources and infrastructure we need to continue our rapid growth and allow the combined company dominate the California farming solar market," said Kirk Short, CEO of Elite Solar. "The size and scope of the solar projects we've completed have dramatically increased this year as we have signed a number of projects in
Tea party is Democratic?
Solar boom in the Democratic state of Texas?
So much that you know about solar... Only in warm climates like Alaska? You are so stupid....
I am a lifelong conservative and, also, a strong advocate for solar energy. As I travel the country advocating for solar using a free-market message, I am seeing an awakening among conservatives in this area. There are many areas that conservatives and progressives strongly disagree on, but both are united in a desire to pass on a legacy of true energy independence to future generations of Americans. The right to solar energy is an American issue – not a partisan one.
America was founded on the principles of liberty and freedom, but unfortunately in many states there are regulatory barriers erected by the government that prohibits the freedom of choice for utility customers – especially when it comes to switching to solar.
The benefits of solar do outweigh its costs. Some have a hard time accepting it
Most electric power companies have been granted monopoly status by virtue of legislation that grants these companies the exclusive right to sell electric power in their territory. They have a perfect setup in their business model. They have a government-assigned customer base whom they are able to bill for capital investments, thereby making a guaranteed profit. The more new power plants cost, the more money they make.
The average consumer can now, in theory, install solar panels on their rooftops. Solar prices have plummeted in recent years and solar is now cost effective. But there are too many penalties in place that punish consumers who want to switch to solar. For example, in Florida a property tax is added that makes solar uncompetitive to the monopolies. Net Metering allows solar users to sell excess power generated back to the grid and recover the costs of their solar panels much faster. But in states like Wisconsin, the monopolies pay wholesale rate and not retail rate. This is very unfair to solar users because they are prohibited from selling excess power to anyone other than the monopolies.
This amounts to prohibiting competit
There you go AGAIN. Repeating the LIE AGAIN. Stick your middle finger at GOD.
Blaa blaa blaaa I'm not down a penny. Original investment back. 100% back in cash and 500% still in the market on a FREE RIDE... ALL THEIR MONEY! ALL LONG!
Calling me short over and over doesn't make it true. Bearing false witness against your neighbor.
Since the beginning of March, 77% of leveraged loan default volume has come from metals/mining and energy companies. While the institutional rate for the trailing 12 months was 1.4% at the end of July (unchanged in four consecutive months), the rate for metals/mining firms rose from 4.5% to 8.1% following the bankruptcy filing by Walter Energy in mid-July.
he default rate for energy companies at the end July was 3.1%, and the overall default rating would have been just 0.5% were it not for the bankruptcy of the operating unit of Caesars Entertainment.
The data come from a report on leveraged loan default rates out Friday from Fitch Ratings. The agency’s senior director of leveraged finance said:
The default rate for metals/mining only stands to increase. Alpha [Natural Resource’s] filing will push the rate above 11%, and potential bankruptcies from Arch Coal and Peabody Energy would make a 25% default rate a reality for the sector. However, the default outlook for the broader corporate loan market is tame.
Until they come out with the product there is not much to talk about....
We and the world needs the product.......