Skip to comments.
New SolarCity deal will double U.S. rooftop solar power (BASE HOUSING - Solyndra 3.0!)
http://money.cnn.com ^
| 09-07-2011
| By Steve Hargreaves
Posted on 09/07/2011 2:45:44 PM PDT by Red Badger
NEW YORK (CNNMoney) -- Residential solar power provider SolarCity and the U.S. government announced a deal Wednesday to put solar panels on military housing units, a move that could double the number of rooftop solar power installed in the United States.
The complex plan calls for SolarCity to receive a $344 million Department of Energy-backed loan from financiers U.S. Renewables Group and Bank of America.
SolarCity will then use the money to put up to 160,000 rooftop solar installations on top of privately run military housing complexes at 124 military bases across 34 states.
SolarCity will own and operating the solar panels, and the companies that own the housing unites will send a monthly check to SolarCity for the electricity.
(Excerpt) Read more at money.cnn.com ...
TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: green; scam; solarenergy; solarpower; solyndra; sourcetitlenoturl; stupidity
Navigation: use the links below to view more comments.
first 1-20, 21-32 next last
Oh good grief..................
To: Red Badger
Oh good grief..................
You beat me to it, except I was gonna say:
For crying out loud......
Where's that guy with the Ah gee, not this *hit again. You know the guy who looks like Desi Arnaz. Please Post.
2
posted on
09/07/2011 2:49:31 PM PDT
by
truthguy
(Good intentions are not enough.)
To: truthguy
I bet the kickbacks are staggering.......................
3
posted on
09/07/2011 2:50:47 PM PDT
by
Red Badger
("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
To: Red Badger
They may get ten houses done before they request more funding.
4
posted on
09/07/2011 2:51:05 PM PDT
by
org.whodat
(What does the Republican party stand for////??? absolutely nothing.)
To: truthguy
5
posted on
09/07/2011 2:52:40 PM PDT
by
Nervous Tick
(Trust in God, but row away from the rocks!)
To: truthguy
For crying out loud......
This too my man. This too.
To: Red Badger
milking the DoD budget allocated for military housing
I bet this will cost a fortune for nada
7
posted on
09/07/2011 2:53:54 PM PDT
by
silverleaf
(Common sense is not so common - Voltaire)
To: truthguy
After the pannels go up the the monitors go in and the thermostats get set at 57 degrees in winter and 85 during summer...
8
posted on
09/07/2011 2:56:47 PM PDT
by
mosesdapoet
("To punish a province Let it be ruled by a professor"Fredrick The Great paraphrased)
To: Red Badger
That ought to employ the installers for about two weeks.
9
posted on
09/07/2011 2:58:54 PM PDT
by
jersey117
To: Red Badger
Wonder how much the execs at SolarCity have contributed to Idi Obama and the Dems?
10
posted on
09/07/2011 3:00:30 PM PDT
by
N. Theknow
(Obama and the Dems - The flash mob raiding the Treasury.)
To: Red Badger
I'd like to see the math on this. Solar City runs ads around here to put this on your house.
I don't see how it pays out except for being subsidized.
11
posted on
09/07/2011 3:04:14 PM PDT
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
To: Red Badger
If this is such a great idea why do they need a $344 million loan guarantee, a guaranteed multi-year contract and huge government subsidies?
To: Red Badger
and Bank of America. Hmmm. BOA gets investigated. BOA invests in Solar power. Pres's favorite program is Solar power.
Am I the only one fitting pieces together here?
13
posted on
09/07/2011 3:13:17 PM PDT
by
HeartlandOfAmerica
(Geithner: Taxes on 'Small Business' Must Rise So Government Doesn't 'Shrink')
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
14
posted on
09/07/2011 3:17:32 PM PDT
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: MileHi
I'd like to see the math on this. I'd like to see the books. This smells like nothing but payola for another failing solar company who made the right political contributions.
15
posted on
09/07/2011 3:18:23 PM PDT
by
Paine in the Neck
(Where's he getting these ideas? He's not smart enough to be that stupid all by himself.)
To: Red Badger
Oh good grief is right.
Milking the captive consumer to funnel government taxpayer dollars to an industry which has failed by any market standards other than those embraced by a corrupt and rotting government.
The only other thing to make this stink even more is to tie in a union connection.
Oh wait -- that's already there.
16
posted on
09/07/2011 3:21:20 PM PDT
by
Quiller
(When you're fighting to survive, there is no "try" -- there is only do, or do not.)
To: Red Badger
I think it’s good for the military to be used for such projects, because many of the advancements in society have been because of military projects that became civilian.
However, the military should be the ones to figure out who gets the contracts and how to apply technologies on their bases.
I suspect George Soros is involved somewhere along the pipeline.
17
posted on
09/07/2011 3:26:09 PM PDT
by
Jonty30
To: Red Badger
Obama will say it created a zillion jobs when all’s it will take is sixty illegal mexicans.
18
posted on
09/07/2011 3:30:24 PM PDT
by
Dubya-M-DeesWent2SyriaStupid!
(“If they bring a knife to the fight, we bring a gun,get in their face” B.H. Soetoro Obama)
To: Paine in the Neck
I'd like to see the books. This smells like nothing but payola for another failing solar company who made the right political contributions.
Absolutely. This looks like a payoff. Not a watt will be produced.
19
posted on
09/07/2011 3:32:29 PM PDT
by
PA Engineer
(SP/XX12: Time to beat the swords of government tyranny into the plowshares of freedom. Freddd is Gay)
To: Paine in the Neck
Right. I bet in 5 years there will be useless panels on folks homes that cost too much and they will be back on the grid.
20
posted on
09/07/2011 3:33:35 PM PDT
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
Navigation: use the links below to view more comments.
first 1-20, 21-32 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson