Translation -- without government money, the whole thing is not profitable. Scam. Complete scam. Welfare for the rich and politically connected, assigning losses to the taxpayer. Great scheme while it works. When it doesn't....
Solyndra. Proterra. The future. Losses. Bankruptcy.
Wipe out your huge capital gains with a few bankruptcies.
That’s how the big boys play the game.
“The company may cut its losses and walk away from its U.S. portfolio, according to Windpower Monthly, a potential move which would be a major setback to the Biden administration’s offshore wind ambitions”
plain ol’ extortion: give us more billions or we make sure your windmill policies go up in smoke ...