Thursday, September 29, 2011

I'm a Genius: Give Solyndra's Factory to EEStor

Solyndra Finances
The train wreck that is Solyndra continues to unfold in the media, each day seeming to be worse than the prior one.  Now, poor Stephen Chu (nice guy that he is) has stepped up to claim responsibility for the risky decision to fund Solyndra.  Critics such as myself have advanced two main points throughout all of this.  First, investments in technologies like solar and wind are inherently risky due to their success being extremely dependent on breakthrough energy storage which is actually a better focus for research dollars in the short term. Second, a better use of federal funds would seem to be gained from  tax or market incentives for  technologies that achieve specs we desire. This would allow multiple companies to compete for the market opportunity, something we know works well.  But, none of this thinking is going to emerge in any of the public analysis of the situation. Renewable energy is going to get drowned out by oil & gas interests even though we're only a few months beyond two of the most catastrophic energy debacles in human history (gulf oil leak & Fukushima Nuclear accident).  Just when you thought it couldn't get any darker as a renewable energy supporter, now we've got a political scandal on our hands all prepped up for information distortion.  But guess what. There is light at the end of the tunnel via an ingenious solution I came up with all by my lonesome self.

Dude from Solyndra Whose Name I Never Learned
Rather than sit around crying about the waste of money sunk into Solyndra and the struggle to sell Solyndra assets for pennies on the dollar,  lets turn that frown upside down.  Let's figure out a way to take that brand spanking new factory out in California and put it to good use with a company that is probably-very likely-to be ready to put it to good use:  EESTOR BABY!!!    That's right crazy government people and unimportant tax payers, I'm giving you a simple way to salvage this situation by taking an asset we, the taxpayers, invested in heavily and rather than just sell it for a tiny pittance, let's see if maybe a more deserving opportunity could make profound use of it.

What I propose is that the U.S. Bankruptcy Judge Mary Walrath hold her honorable horses so that an official inquiry from the Department of Energy can be made to ascertain the suitability of selling that asset to none other than the world's soon to be favorite energy storage pioneer, E E S T O R!!!

Solyndra Factory Workers Grab Assing With President Obama
Ok, ok, I know reasonable skeptics out there are climbing out of their skin right now at the thought of this maneuver. But consider for a moment, one tiny little thing.   If EEStor produced a meaningful progress report--something that no skeptic anywhere could deny is absolute proof that they are ready to go into production--wouldn't it make sense to make the most of this Solyndra situation and strategically---as a country---get that asset in the hands of an American company that could single handedly get this country moving in the right direction again?  You know that the bankruptcy proceedings are simply going to lead to a foreign owned company buying the property for a major loss to Joe Taxpayer.   I don't care what the details are of ripping out the customized crap Solyndra has in there either.  If I were the State of California and knew EEStor was ready, I'd be begging them to take the property. BEGGING!

Secretary Chu Grab Assing With Governor Schwarzenegger At Solyndra Ground Breaking Ceremony  

Now, then, even though I know I'm right that this would be a brilliant, strategic move that could jumpstart EEStor ramp up, I'm going to close with a question: assuming EEStor is ready to use that factory, is there any other company out there that would be more strategic to use it when it comes to the question of our national economy?
EEStor Grab Assing At Front Door

In case you missed it, the argument here depends upon these conditionals:

IF EEStor is ready.

IF EEStor has the goods.