by Terese Svoboda
The year 1909 was the first time George H. Cove vanished. He claimed he was kidnapped and threatened with death if he continued developing his patent on solar panels. One story has it that an investor arranged the kidnapping to discredit him, and that instead of death, he was offered a furnished house and $25,000 (almost a million dollars in today’s money) if he would cease promotion of his solar panels. Newspapers went crazy and he was subsequently accused of arranging the kidnapping as a publicity stunt. But Cove already had plenty of publicity, one would say too much, newspapers lauding his efforts and investors pouring money into his work.
The police dismissed the kidnapping as a hoax. Were they paid off? His rivals, Edison, Westinghouse, and Standard Oil, were notorious in stamping out competition. All three were known to use extreme measures to protect their market share. Cove had been fronted (framed?) by Elmer Burlingame, who issued stock he did not own in Cove’s Sun Electric Generator Company. When this was revealed, investors went sour. In 1911, after raising $160 million in today’s money, his company declared bankruptcy. Cove was arrested for stock fraud and went to jail for a year. Perhaps he should have gone into stealth mode.
“Given two days’ sun, it will store sufficient electrical energy to light an ordinary house for a week” was Cove’s pitch.While his solar panels didn’t generate much electricity in comparison with Westinghouse and Edison’s inventions, he’d invented something much more important, the photovoltaic generator, that is, a way to get electricity directly from the sun. He did not understand how the solar panel worked, but neither did anybody else at the time. This technology would not be investigated again until the 1950s at Bell Labs, and then with silicon rather than the simpler version that Cove stumbled on. Read more »