Suniva and SolarWorld Have Become The Spoiled Kids In The Sandbox
So two solar module manufacturing companies have gone to the government complaining that life isn't fair. Suniva and Solarworld, both who are not headquartered in America anyway. These two companies want Congress to initiate a tariff on imported modules from overseas. A tariff that will completely kill the solar industry and the progress it has made in the last few years. What is odd is, the two companies that are crying foul are both......wait for it.....bankrupt. I wish I was joking.Ted "The Wolf" Strzelecki
So to clear the air, the two companies that want a tariff on imported modules are both foreign companies and they have both filed chapter 11. Brilliant. The very fact that this is being entertained shows how ridiculous this even is. Even stranger is neither company has shown a single plan of execution of what they would do whether this passes or flops. Let's call it what it is, a lawsuit in waiting. If Congress sides and shows that these companies have sustained financial injury due to them being terrible business operators they will of course begin the legal process to try and claw back funds. Terrible. They couldn't innovate or cut costs and they want everyone else to suffer. Suniva and SolarWorld have become the spoiled kids in the sandbox that got their toys taken away and want others to lose their toys too. It's also why if this does pass, no one will buy SolarWorld panels. Short sighted, hurt feelings, and a need for attention don't make for a successful business plan.
Then again, what would SolarWorld know about that anyway?
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