BOSTON (AP) — Evergreen Solar is asking a bankruptcy judge for permission to walk away from its former plant in Devens.
The company, which received tens of millions in state aid before shuttering its facilities last year and moving its manufacturing operations to China, filed the notice in federal bankruptcy court in Delaware on Monday.
Interested parties including MassDevelopment, which helps finance and develop new projects, have until Friday to respond to the filing.
A spokeswoman for MassDevelopment declined comment Tuesday, saying the filing speaks for itself.
Evergreen received more than $20 million in grants and $11 million in tax and lease initiatives from Massachusetts. That doesn’t include other tax benefits and millions in upgrades to roads and utilities around the plant.
Gov. Deval Patrick championed Evergreen Solar early in his first term.
h/t to WUWT reader Ed Mertin
Here’s the Devens plant from the air:
Image from PV-tech.org
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We have a winner! A way to combat the coming chills, and then the Marching Ice Sheets whenever the current anomalously extended interglacial temps drop like a (very heavy) stone.
Yawn.
http://chiefio.wordpress.com/2009/05/08/there-is-no-shortage-of-stuff/
http://chiefio.wordpress.com/2009/03/20/there-is-no-energy-shortage/
RE: Brian H says: (March 15, 2012 at 7:54 am)
“Yawn”
Of course, if everyone were willing to accept the consequences of an eventual forced rollback to all natural energy, we would not need to think about developing any new post-carbon energy resources. It seems that mankind has lived for hundreds of thousands of years without carbon-power and should have no problem doing the same in the future. Some think that outcome would be better for the planet. In any case, this is probably a next generation or two issue. Except for the third world, we do not have any killing shortages now.
I have heard that it would probably take about forty years from the first demonstration of a new-technology power plant before that process would be replicated to general usage–an estimate based on the time that it took for steamships to replace sailboats. As yet, we do not seem to have any proven, indefinitely sustainable carbon-power replacement waiting in the wings–we do, however, have a number of temporary alternatives that might work for a while.
Spector;
Read the links. There is no need for alternatives, temporary or otherwise. That’s the point. Try hard, and you may get it.
Howsomeever, I’m personally fairly confident that one particular alternative is going to detonate and demolish the whole issue: LPPhysics.com has a project that should be passing out inexpensive mfr’s licenses for a tiny super-hot “DPF” fusion generator (~5MW capacity) in about 5 yrs., that will economically undercut best current sources by a factor of 10, without waste or radiation (aneutronic, produces normal He4 from boron and hydrogen).
Every Greenista’s mental crutches will turn to vapor on the spot. Ehrlich will be horrified, however, the idiot child (society) having been issued his machine gun (abundant cheap energy).