Another Green Energy Company Declares Bankruptcy, Thank Biden’s Tariffs Authored by Mike Shedlock via MIshTalk.com, Conflicting goals often leads to the worst of both outcomes. That’s what’s happening with solar panels and EVs. SunPower Went Bankrupt Despite Huge Subsidies The Wall Street Journal reports Another Green Energy Subsidy Bust The 39-year-old SunPower is the latest solar rooftop business to fail this year. Others include Titan Solar Power and Sunworks. SunPower cited a “severe liquidity crisis caused by a sharp decline in demand in the solar market and SunPower’s inability to obtain new capital.” The IRA boosted solar subsidies, so why has… — Continue at ZeroHedge News : Read More
Home » Another Green Energy Company Declares Bankruptcy, Thank Biden’s Tariffs – Tyler Durden