Skip to comments.List of Failed Obama Green Energy & Solar Companies in the Billions (useful info)
Posted on 09/13/2012 8:33:39 AM PDT by bronxville
List Of Failed Green Energy Jobs & Companies...
7/19/12: The Amonix Solar: FAIL manufacturing plant in North Las Vegas, subsidized by more than $20 million in federal tax credits and grants given by Obama Administration, has closed its 214,000 square foot facility a year after it opened.
Solar Trust of America: FAIL - Filed Bankruptcy in Oakland, CA, April 3, 2012 On April 2, 2012
Bright Source: FAIL - Bright Source warned Obamas Energy Department officials in March 2011 that delays in approving a $1.6 billion U.S. loan guarantee would embarrass the White House and force the solar-energy company to close. Lost Billions of dollars but Getting More Money To Keep Trying. Can you say, This isnt working?
Solyndra: FAIL - Obama gave Solyndra $500,000,000 in taxpayer money and Solyndra shut its doors and laid off 1100 workers in August 2011 After Billions in Losses due to failure to make a solar product that works!
LSP Energy: FAIL - LSPEnergy LP filed bankruptcy protection and a sale of its assets in Feb 2012 Energy Conversion Devices: FAIL On February 14, 2012 Energy Conversion Devices, Inc. and its subsidiaries filed for bankruptcy
Abound Solar: FAIL - Abound Solar received a $400 million loan guarantee from Barack Obama announced in June, 2012 that it would file for bankruptcy
SunPower: FAIL SunPower stopped producing solar cells last year at near bankruptcy restructured only with help of, get this, oil giant TOTAL who owns 60% stake. Irony! Still struggling
Beacon Power: FAIL Beacon Power Corp filed for bankruptcy Oct 2011 just a year after Obama approved $43 million loan Government loan guarantee
Ecotality: FAIL - ECOtality, a San Francisco green-tech company that never earned any money on the verge of bankruptcy after receiving roughly $115 million in two loan guarantees from Obama
A123 Solar: FAIL-A123 received $279 million from taxpayers thanks to President Obamas Department of Energy loan guarantees and after Solyndra bankruptcy is getting another $500M from Obama and it has lost $400M
UniSolar: FAIL - Uni-Solar filed for Ch 11 bankruptcy in June 20 this year laid off hundreds got more Obama money still failing but still in business
Azure Dynamics: FAIL - Azure Dynamics files for bankruptcy in June ter millions in Obama Stimulus
Evergreen Solar: FAIL - Evergreen Solar received $527 Million in Taxpayer money from Obama filed bankruptcy
Ener1: FAIL received more than $100 million in government funding from the Obama administration filed for bankruptcy January 2012
Update: In May 2012 Obama visited a dusty, desert town 30 miles outside Las Vegas Wednesday to declare hes doubling down on failed federal efforts to boost the solar industry which has NEVER proven to produce a single working product. Like Socialism, no evidence ot works, but they just keep doubling down on the failed ideals!.
Republicans believe Obama is gambling with taxpayer dollars as he continues to aggressively push alternative forms of energy proven to be more than 20 years off in working effectively and being affordable. After the failure of Solyndra, which resulted in the loss of half a billion dollars in taxpayer dollars President Obama is going to give America more of teh same: FAIL. [...]
President Obamas Energy Secretary, Steven Chu who infamously said, We have to figure out how to boost the price of gasoline to the levels in Europe.
What we really need to know is how much of this money came back to Obama in the form of Campaign Contributions.
Plus we need to know the identities of the officers, directors, managers and stockholders of each company.
The way they move money they steal around.
More Solyndra-style failure: Obama-tied Amonix Inc lays off most of company
By Neil Munro - The Daily Caller Mon, Jan 30, 2012.
Some of President Barack Obamas top donors and fundraising bundlers are partners in Amonix Inc., the latest Solyndra-like corporate crash. The company has announced a layoff of 200 workers two-thirds of its workforce despite a federal green-technology tax credit of $5.9 million in 2010.
The investors include John Doerrs venture capital firm Kleiner Perkins Caufield & Byers, Daniel Weiss Angeleno Group LLC and Steve Westlys eponymous Westly Group, according to Amonixs website.
These three investors have also invested heavily in Obama and other Democrats and the presidents aides are now trying to minimize the political damage.
According to a database maintained by the Center for Responsive Politics,
Doerr has donated $171,900 since 2008.
Weiss has donated $26,480 and
Westly has donated $181,250.
Nearly all of those contributions went to Democrats.
Together, the three have also bundled at least $700,000 for Obama.
Obama publicly lauded Amonix in 2010 as an example of a company deserving federal support and private-sector investment.
Former Massachusetts Gov. Mitt Romney and other GOP figures are portraying these mutual favors as crony capitalism, and the charges are adding up to a real political headache for the administration....
It took a few seconds to find the info for the first on the list.
But not on the list but I am waiting for the Ben Stein rountine ala Ferris Buhler's day off...
Fisker, Fisker, Fisker, Anyone ?
Reference to John Doerr - see post #6
Exactly what I was thinking. I want another column there with their contributions to him.
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