You Want Your Obamanomics Straight-up, or "On the Rocks"?
While $22,000/month in storage costs go unpaid, the panels consume up to a third of the company's warehouse space. Legal costs have forced CDG to slash payroll and lay off at least three employees. A source with knowledge of CDG's woes told me this week the company is facing pressure by the Department of Energy to drop its petition to recoup those costs. The feds want CDG to swallow a $1.4 million tab to dispose of the bum solar panels.
In this case at least, "
on the rocks".
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