General Electric Co. will build the largest solar factory in the U.S. near Denver.The dots: Solyndra. Bankruptcy. Government loans. Economic czar. GE/CEO. Cronyism. Tax Breaks. GE Paid No Taxes in 2010. Solar Panels. Glut of Panels. Way Cheaper Elsewhere. Immelt. Share Price Going Nowhere. The Shadow of Welch.
The company, which had announced in April it would build the factory, said Thursday it had selected Aurora, Colo., a suburb east of Denver, as the location.
GE is a leader in manufacturing natural gas turbines and wind turbines, but it had mostly stayed away from solar until it acquired PrimeStar Solar, a small panel maker, earlier this year.
GE is entering the solar business at a brutal time for makers of solar panels, the squares of crystalline silicon or thin films of metal that turn the sun's rays into electricity.
As noted, this could be a potential Pulitzer Prize-winning story for an intrepid reporter.
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