They will probably try to build more flash fryers, I mean solar collector units.Great!!!!
Is this then going to lead to another instance where government "funds" another solar company such as Solyndra?
Wikipedia - Solyndra
"Government support
Solyndra received a $535 million U.S. Department of Energy loan guarantee, the first recipient of a loan guarantee under President Barack Obama's economic stimulus program, the American Recovery and Reinvestment Act of 2009. The loan program took a $528 million loss from Solyndra. Additionally, Solyndra received a $25.1 million tax break from California's Alternative Energy and Advanced Transportation Financing Authority. SoloPower also received similar funding from the U.S. Department of Energy.
Following the bankruptcy, the government had expected to recoup $27 million under the Solyndra restructuring plan, or up to 100% of loaned funds from a $1.5 billion lawsuit filed against Chinese solar-panel makers for alleged price fixing. The outcomes of the lawsuits were that, in November 2015, Yingli Green Energy Holding Co Ltd. settled a claim filed by Solyndra for $7.5 million, and in April 2016 Trina Solar Ltd. settled a claim filed by Solyndra for $45 million. In June 2016 a Stipulation Of Dismissal was filed jointly between Solyndra and Suntech Power Holdings Co Ltd. and later signed by Hon. Saundra B. Armstrong on November 30, 2017."
"Crescent Dunes was developed with $737 million in U.S. Department of Energy loan guarantees and run by a SolarReserve-linked entity called Tonopah Solar Energy. SolarReserve’s October lawsuit claimed the Department of Energy had gained control of Tonopah’s board in a bid to close Crescent Dunes after receiving NV Energy’s default notice."
America’s Concentrated Solar Power Companies Have All but Disappeared
SolarReserve, one of America’s last remaining CSP developers, appears to have ceased operations — just as some global markets may be warming up.
www.greentechmedia.com