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|Articles - October 2011|
|Thursday, September 22, 2011|
A flood of cheap Chinese imports is swamping the global market for solar panels, driving down prices dramatically, but Oregon officials say their investments in solar manufacturing remain solid.
“We’re feeling confident about the decisions that we’ve made as a state and the companies that have chosen to move here,” says Business Oregon Director Tim McCabe. “Everyone we’ve given an incentive to is still here and growing.”
The state has invested millions in SolarWorld in Hillsboro, Solaicx in Portland and Sanyo Solar in Salem. The latest recruit, California-based SoloPower, received a $20 million loan from the Oregon Department of Energy and $29 million in tax breaks to establish manufacturing in North Portland with plans to employ 500 people within five years. But those local subsidies are minuscule compared to the $30 billion the Chinese Development Bank lent to Chinese solar companies in 2010. Prices for solar panels have dropped by more than 30% over the past year as Chinese companies have established dominance.
SolarWorld executives have long railed against what spokesman Ben Santarris calls “the swamping of the markets by state-sponsored competitors.” Sen. Ron Wyden (D-Oregon) backed that charge with a sharply worded Sept. 8 letter to President Obama, warning that, without action, the U.S. solar industry and its jobs “may disappear.”
SolarWorld’s 1,000-employee Hillsboro facility is the largest solar panel factory in North America. The company recently shut down its production plant in California and cut 186 workers. That move came days after the news that the much-hyped solar manufacturer Solyndra would declare bankruptcy — the largest of three summer bankruptcy filings by U.S.-based solar manufacturers.
Even hard-core solar supporters such as Glenn Montgomery of the Oregon Solar Energy Industry Association acknowledge that “the news in the industry has not been good.” But Montgomery and McCabe say it is important to consider specific technologies and business plans rather than assuming that all American-based manufacturers are in trouble. McCabe notes that two of the three companies that went bankrupt this summer tried and failed to get state support for a move into Oregon, only to fail to clear due diligence tests. The companies that did receive state support “have hit every target we’ve given them” for jobs and production, McCabe says.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF
An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.
Monday, January 26, 2015
BY LINDA BAKER
The 2014 Bend Venture Conference set a record for the most cash, investments and prizes awarded at an angel conference in the Pacific Northwest. Investments in the six winning companies exceeded $1 million. The 11th annual conference was hosted by Economic Development of Central Oregon.
Wednesday, January 07, 2015
BY LINDA BAKER | OB EDITOR
The Oregon Business Plan Leadership Summit drew more than 1,000 people to the Oregon Convention Center yesterday.
Thursday, December 04, 2014
BY DEBRA RINGOLD | OP-ED CONTRIBUTOR
How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?
Thursday, December 11, 2014
By MEGHAN NOLT
VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.