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Wednesday, February 15, 2012

Uni-Solar goes bankrupt

These green government funded businesses are dropping like flies so fast it's hard to keep up. This one's in Michigan:
Auburn Hills-based Energy Conversion Devices Inc. filed Tuesday for Chapter 11 bankruptcy protection, according to the Reuters news service. The company owns United Solar Ovonic, which owns a 267,622-square-foot building on 45 acres bordering Clark and River roads. 
United Solar Ovonic once was the world's largest manufacturer of photovoltaic laminates, based on a process developed by scientist-entrepreneur Stanford R. Ovshinsky, who founded Energy Conversion Devices in 1960.

1 comment:

  1. I missed that one. The mother of DOE loan guarantees is being finalized for that nuclear power plant in Ga. It probably is a good bet but it's $8 billion.

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