Posts Tagged ‘Calisolar’

MBJ ANALYSIS: Businessman promising $1.1 billion steel plant in Arkansas has failed to deliver on big projects announced in Mississippi

John D. Correnti, the businessman Arkansas is counting on to deliver “the largest economic development project in the state’s history,” a proposed $1.1 billion steel mill in Mississippi County in northeast Arkansas, has recently failed to deliver on promises for big projects in Mississippi. Tuesday Arkansas Gov. Mike Beebe announced that Correnti’s Big River Steel […] [...]

Green can mean much more than just environment

This year the Mississippi Legislature approved loans for three green energy manufacturing companies recruited to the state by Gov. Haley Barbour. In January the state Legislature approved a $75 million loan for Stion, a startup manufacturing company that will make thin-film solar panels in Hattiesburg. The company promises to investment $500 million and bring 1,000 […] [...]

Calisolar lays off 80 California polysilicon solar cell workers

Calisolar, which said in early September that it will build a plant in Lowndes County, Miss., recently announced it’s firing 80 workers from its polysilicon solar cell manufacturing plant in Sunnyvale, Calif. The solar start-up company, which was founded in 2006, has more than… >>SEE FULL STORY<< — Cnet News Green Tech blog and Bloomberg […] [...]

Costs, impacts of incentive deals

“Gov. Haley Barbour has asked the Legislature to approve $175 million in incentives for California-based Calisolar and start-up HCL CleanTech to open facilities in Mississippi — projects expected to create direct jobs for 1,800 people.” Clarion-Ledger, Sept. 1, 2011 When this writer read that sentence he immediately got out a calculator and did the math. […] [...]

MBJ Editorial: Mississippi Delta worse off after eight years of Gov. Barbour

The Mississippi Delta continues to flounder as unemployment figures average around 18 percent for the 12 counties between Vicksburg and Memphis. Yet, there have been many jobs announcements in the years of the Barbour administration, but very few have had anything to do with the Mississippi Delta. In this latest barrage of economic development announcements, […] [...]

MBJ Editorial: Barbour’s horse needs a trip to vet before he bets our money

Solar energy may be the wave of the future, but Mississippi should be careful where it comes to being an investor in new companies promising the moon — er, sun. Evergreen Solar in Massachusetts went bankrupt last month, leaving that state hanging after an investment of more than $40 million of taxpayer dollars in the […] [...]

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