Stion Failure Bursts Barbour’s Alternative Energy Bubble

By MississippI PEP Staff | October 19th, 2017 at 2:21 am

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Business, Economic Development, Economy, Energy, Ethics, Governor, Haley Barbour, MDA, Mississippi, Mississippi PEP, MS State Government, News, Politics, Principles of Freedom, Spending

Stion was one of five alternative energy projects begun during the administration of Gov. Haley Barbour between 2004 and 2012 – all failed or failing.


Stion Corp., the solar panel maker in Hattiesburg, will shut down, according to Greentech Media.

The San Jose, Calif.-based company’s Hattiesburg facility has been operating since 2012, said in a letter Monday that it would “discontinue operations,” according to the industry publication.

Stion was one of five alternative energy projects begun during the administration of Gov. Haley Barbour between 2004 and 2012 – all failed or failing.

As in the past, Stion said it has suffered from “intense, non-market competition from foreign solar manufacturers.”

In 2011, the state of Mississippi lent the company $75 million and local government agreed to accept fees in lieu of ad valorem taxes.

Stion promised to create 1,000 jobs by the end of 2017.

However, in a renegotiated memorandum of understanding in November 2015 with state and local government it agreed to create 500 averaging $42,000 by the end of 2022.