Mississippi Business Journal » Stion

Green can mean much more than just environment

Amy McCullough — Sun, 25 Dec 2011 06:00:42 +0000

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 [...]

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

Ross Reily — Tue, 13 Sep 2011 13:38:17 +0000

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, [...]

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

MBJ Staff — Tue, 06 Sep 2011 14:42:08 +0000

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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Stion: Bankruptcy not in the plans

Amy McCullough — Sun, 28 Aug 2011 06:00:45 +0000

As the photovoltaics industry took a hit with the bankruptcy of Evergreen Solar, Stion announced a Sept. 16 ribbon cutting for its Hattiesburg plant. While some industry experts speculate more solar companies may also fail or move production to China, Stion and other manufacturers feel secure with thin-film technology. Evergreen used solar wafer technology, which [...]

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Solar panels made in state. Will they be used in state?

Amy McCullough — Sun, 28 Aug 2011 06:00:22 +0000

Although Mississippians will be manufacturing solar panels at Stion in Hattiesburg, they will find it difficult to use the company’s products at home unless the state Public Service Commission adopts a uniform net-metering policy. Stion touts its residential products on its website: “Stion’s panels can help you save money on your electricity bill, gain energy [...]

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State gives $125 million in assistance

Amy McCullough — Sun, 26 Jun 2011 06:00:26 +0000

Solar panel manufacturers Twin Creeks Technologies and Stion were recruited to the state by the Mississippi Development Authority (MDA), and the projects received loans of $50 million and $75 million, respectively. >>See complete story

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Good idea or not?

Amy McCullough — Sun, 23 Jan 2011 06:00:27 +0000

See related Feb. 4 Business Blog post, ‘Haley Barbour and Khosla Ventures’ and Feb. 11 post, ‘WSJ: Learned from Khosla-backed energy startups that tanked.’ State leaders agree that affordable and reliable energy is essential for Mississippi’s future economic growth. Gov. Haley Barbour has said his energy policy is “more of it” and has aggressively promoted [...]

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1,000 JOBS

Clay Chandler — Sun, 09 Jan 2011 06:00:02 +0000

Gov. Haley Barbour stuck another advanced-manufacturing feather in his job-creation cap last week when a California-based company announced it intends to produce solar panels in Hattiesburg. Stion Corp. said it would operate out of the old Sunbeam building, invest $500 million into the venture and create 1,000 jobs in the Pine Belt region the next [...]

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