Comments on: China’s Hanergy to buy solar startup Miasole in fire sale

By: buba

buba — Fri, 12 Oct 2012 12:39:34 +0000

So the persons that had paid for their shares of Miasole stock , have got paper work for them to sign off on the sale…..did it real mean anything. I did not buy my shares, but a friend of mine did and got paper work asking for his approval of the sale since he had paid for his shares. I don’t get it…according to all information the company is sold and Mr. Cranston and others got their big commission, so why bother asking the little guys for their sign off. Are they getting some of the money they invested ? I think that is the question……………..

By: Chris

Chris — Mon, 08 Oct 2012 18:07:04 +0000

Depressing and shocking that it didnt sell for more. It’s worth more!!! I cant help but wonder what kinds of bonuses the current executives are getting for such a low price? In the end, it’s just another sign of our failed government. Doing nothing about China dumping cells on the market for cheap. Tarriffs anyone??

By: Sam

Sam — Tue, 02 Oct 2012 01:05:18 +0000

In a a few years US may have to take a back seat in solar industry in my view

By: ahartman

ahartman — Mon, 01 Oct 2012 19:24:53 +0000

I’m reminded of what happened when GM/Magnequench sold off their Neodymium magnets technology, a critical piece of all modern motors. In about 10 years 95% of all the high-energy magnets became locked up in one country, and the prices rose 10X. Are we seeing the same thing happening again in solar?

By: Sam

Sam — Mon, 01 Oct 2012 18:02:29 +0000

It was a bit personal to me since I was part of the technology development with that company

By: Jessica Switzer

Jessica Switzer — Mon, 01 Oct 2012 16:11:25 +0000

This is sad, and not a surprise. The history of leadership at that company inexcusable. We know. We worked for one of their ill-equipped leaders. Somebody should interview the PR firms that keep their integrity only to find themselves thrown to the curb as a result of refusing to lie. Honestly, I can’t understand why the VCs keep these guys around when they know better.

By: Ucilia Wang

Ucilia Wang — Mon, 01 Oct 2012 14:50:09 +0000

I know MiaSole’s technology is different than Solibro’s, but why would Hanergy need to integrate the two? Hanergy is just snapping up assets and letting existing management to scale up those manufacturing operations. Those companies will be sources of solar panels for Hanergy the project developer.

By: Katie Fehrenbacher

Katie Fehrenbacher — Mon, 01 Oct 2012 14:26:00 +0000

Yeah it’s unfortunate. But investors take risks.

By: solarmd

solarmd — Mon, 01 Oct 2012 09:06:57 +0000

Thanks for this in-depth reporting.
One gets to see the evolutionary transactions on the world stage.
Hanergy will be challenged to integrate Miasole’s sputtering technology with its other technologies, and compete against the crystalline module manufacturers.

By: Sam

Sam — Sun, 30 Sep 2012 17:59:44 +0000

What is bothering me is the fact that half a billion dollars from US investors was poured to develop the technology and was sold at junk value. There is something wrong about this..