Another “Green Manufacturer” in Germany goes “belly up”! ……can’t be many left, can there?

Posted: June 1, 2012 in Uncategorized

It’s pretty difficult to keep track of the rats leaving the sinking Green Ship lately. Not that it would bother our Green Gang here in Ontario!

After all, as long as there is a trough full of money the PIGS will do quite well. Look at what happened today in Oshawa. OUR tax payer funded General Motors plant in Oshawa is closing down even though we poured billions into when McGuinty and company proudly stated the HE was going to save thousands of jobs by giving them a helping hand with OUR tax dollars! Tit for tat when GM’s workers propped up McGuinty’s lame government in October for paying them OUR $$$ to “save their jobs!

Germany is watching their Green Industry daily crumbling and folding like a cheap rug!

This is like a modern day replay of  watching the Titanic sink, except we are all on it and the ship is our land!

Solyndra Sequel No. 83 – Odersun Bites The Dust – Another 260 ‘Green Jobs-Of-The-Future’ Vaporize

By P Gosselin on 1. Juni 2012

Actually, who’s counting? It seems a major solar company goes bust every other day.

Odersun – the latest German ghost town. Failed solar company lays off 260 employees.

The latest to bite the dust and add to the rapidly rising sea level of red ink is Odersun (sorry, but even their website is no longer operating)  in eastern Germany, near the border to Poland.

According to Klimaretter (Climate Rescuers) website:

Frankfurt/Oder headquartered solar company must stop operations on June 1. As the dpa press agecny reports, 260 employees were laid off already last week because the company was unable to pay wages. Negotiations with Staatsholding Rusnano as an investor crumbled over the last week.”

Not even the Russians are interested in German state-subsidized industry or companies.

Odersun is just the latest in a long string of spectacular green failures sweeping across Germany, thus vaporising the fantasy of economic revitalization in the former communist East Germany.

Just months ago politicians from every party were promising high-tech jobs and heady times ahead, thanks to the green revolution they boasted to have ushered in. However, very few people expected bitter reality to replace blissful fantasy so quickly. Politicians, once falling all over themselves to be on camera standing in front of humming state-subsidized solar module production lines, are now bolting for the exits, leaving a landscape littered with shuttered factories.


  1. […] there is a flurry of really bad news coming from Europe about the future of Solar and Wind Energy or actually the END of these forms of generation […]

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