Another alt.energy company shuts down

Alt.energy is a financial rathole when you do not have that sweet Federal teat to suck on. From the Flint, MI ABC affiliate:

Suniva in Saginaw Township to close its doors
Two years ago it was honored as a business bringing growth and jobs to the region. Today- ABC 12 News has learned that Suniva is closing. And the majority of the 60 plus workers at the Saginaw Township solar panel company are out of work.

We spoke with a former employee who thought he'd be returning to work here in April, he's learned that's no longer the case.

"They are shutting down the plant yes, the plant's done in Saginaw, no manufacturing at all in Saginaw," said Terry Moore.

Moore has worked as a maintenance technician at Suniva since April of 2015. He was layed off in February. and again last Thursday, but thought it was only temporary.

Then his boss notified him by email that the plant is closing for the "foreseeable future."

The era of Federal subsidies for alternate energy manufacturers is over - thank heaven! Our tax dollars were being spent on crap like this when we could have been putting our money into nuclear power - Liquid Fluoride Thorium Reactors.