President Obama’s Taxpayer-Backed Green Energy Failures

Discussion in 'Politics' started by targus, Oct 19, 2012.

  1. targus

    targus
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    The complete list of faltering or bankrupt green-energy companies:

    Evergreen Solar ($24 million)*
    SpectraWatt ($500,000)*
    Solyndra ($535 million)*
    Beacon Power ($69 million)*
    AES’s subsidiary Eastern Energy ($17.1 million)
    Nevada Geothermal ($98.5 million)
    SunPower ($1.5 billion)
    First Solar ($1.46 billion)
    Babcock and Brown ($178 million)
    EnerDel’s subsidiary Ener1 ($118.5 million)*
    Amonix ($5.9 million)
    National Renewable Energy Lab ($200 million)
    Fisker Automotive ($528 million)
    Abound Solar ($374 million)*
    A123 Systems ($279 million)*
    Willard and Kelsey Solar Group ($6 million)
    Johnson Controls ($299 million)
    Schneider Electric ($86 million)
    Brightsource ($1.6 billion)
    ECOtality ($126.2 million)
    Raser Technologies ($33 million)*
    Energy Conversion Devices ($13.3 million)*
    Mountain Plaza, Inc. ($2 million)*
    Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
    Range Fuels ($80 million)*
    Thompson River Power ($6.4 million)*
    Stirling Energy Systems ($7 million)*
    LSP Energy ($2.1 billion)*
    UniSolar ($100 million)*
    Azure Dynamics ($120 million)*
    GreenVolts ($500,000)
    Vestas ($50 million)
    LG Chem’s subsidiary Compact Power ($150 million)
    Nordic Windpower ($16 million)*
    Navistar ($10 million)
    Satcon ($3 million)*

    *Denotes companies that have filed for bankruptcy.

    http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/

    Pretty much speaks for itself.
     

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