Business managers and owners, is this just how it works in today's market? What are the group's thoughts on where this is going? Should the government continue funding ventures like these to such an extent?

BP, Europe’s second-largest oil company, said March 26 that it’s stopping manufacturing at its Frederick, Maryland, solar plant and cutting 320 jobs because of high costs and declining panel prices. The announcement came seven weeks after London- based BP said the division that includes solar and wind power was losing almost $183,000 an hour.

Solar companies are ramping up manufacturing in Asia even as they take government incentive funds to hire in the U.S. Suntech Power Holdings Co., which got $2.1 million to assemble panels at a 70-worker plant in Arizona, will employ 11,000 people in China to build components. Tempe, Arizona-based First Solar Inc. plans to do 71 percent of its manufacturing hiring in Malaysia after getting $16.3 million in federal funding to hire 200 people at an Ohio plant.

“We’re creating green jobs, for sure, but they’re in China or Malaysia or India,” Maryland State Senator Alex Mooney, a Republican whose district includes the shuttered BP factory, said today in a telephone interview. “We’re losing these valuable manufacturing jobs, and that’s a concern.”

Read the full article that sparked my interest here.

- Mac Ackers