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To: bronxville
Foreign energy firms getting windfall of U.S. stimulus funds (Money buying turbines made abroad) February 09, 2010 Of the more than $2 billion the federal government has given out to boost the economy and create green-energy jobs, more than three-quarters has gone to foreign-owned companies that dominate the global wind-power industry. This latest finding by the Investigative Reporting Workshop, a nonprofit at American University in Washington, D.C., is illustrated clearly in San Diego County, where about a dozen commercial wind developers have offices. La Jolla is the headquarters for Eurus Energy America, the subsidiary of a Japanese firm that received $91 million in federal stimulus money for a wind farm in western Texas. It plans to apply for more money to fund a wind project in Oregon. EnXco, a FRENCH-owned firm with American headquarters in Escondido, has received $69.5 million in stimulus money for its wind farm in Indiana. It installed 53 German-made turbines at the site. EnXco also is operating the Texas wind farm for Eurus. A-Power Energy Generation Systems, a CHINESE-owned company that might get federal grants through a consortium building a wind farm in western Texas, lists a vacant office in downtown San Diego as its U.S. address on recent filings with the Securities and Exchange Commission. Cannon Power Group of San Diego has received $19 million to expand a wind farm east of Portland in Washington. The company spent about half of that money overseas to pay for wind turbines it said it couldn’t get stateside. The Reporting Workshop’s initial analysis of wind-energy grants was released in October and outraged some lawmakers. Sen. Charles Schumer, D-N.Y., cited the group’s report — and news that $450 million in stimulus money might go to a group installing Chinese-made wind turbines in Texas — when he asked the secretary of energy to deny federal financing to firms that use foreign-made turbines. American wind companies are receiving stimulus grants, but some such as Cannon Power spend much of that money abroad because few U.S. companies manufacture turbines. Mark Anderson, chief executive officer of Eurus Energy America, a subsidiary of TOKYO-based Eurus Energy Holdings Corp., said his company would not have been able to move forward with other projects without the guarantee of stimulus money. Eurus received $91 million in grants for the Bull Creek Wind Farm in Texas. It has the capacity to power about 48,000 homes a year. Eurus is building a wind farm in Oregon. The company plans to seek green grants for that project, Anderson said. “We plan to put more and more money into the United States,” he said. Eurus employs 20 people in San Diego, Anderson said, and has assets worth hundreds of millions of dollars. Its Texas project created between 300 and 400 jobs for construction, including 10 for operation, and is benefiting the local economy through property taxes and land leases, Anderson said. For the project, Eurus bought Mitsubishi turbines, which are manufactured abroad. EnXco, the French-owned firm based in Escondido, also went abroad to buy turbines, from GERMAN manufacturer REpower. A spokesman for enXco said the project created more than 200 construction jobs as well as a dozen permanent jobs. It has the capacity to power about 29,000 homes per year. A-Power, based in northeast China, is part of a group building a wind farm in western Texas using turbines it is manufacturing in China. This is the project that affronted Schumer after the group announced plans to collect $450 million in stimulus grants. In a letter, Schumer asked Energy Secretary Steven Chu to reject requests for stimulus grants from companies that buy key components abroad. “In all due respect, I remind the secretary there is a four-letter word associated with the stimulus — J-O-B-S,” Schumer told ABC News. “Very few jobs here, lots of jobs in China. That is not what I intended or any other legislator who voted for the stimulus intended.” Chu responded on Facebook: “But manufacturers will not build plants here and grow their production capacity here unless there is domestic demand; and, until recently, that was not the case.” In SEC filings this year, A-Power Energy Generation Systems LISTS A SUITE IN A HIGH-RISE IN DOWNTOWN SAN DIEGO AS IT'S BUILDING AND MAILING ADDRESS. HOWEVER, THE SUITE DOOR IS LOCKED, AND A BUILDING MANAGER SAID A-POWER IS NOT A TENANT. When reached on his cell phone, Chief Operating Officer John Lin said he did not have time to answer questions. Gary Hardke, president of Cannon Power Group, a renewable-energy company near Torrey Pines, said his company had no choice but to go abroad to buy parts for its wind farm in Klickitat, Wash. Two main U.S. manufacturers, GE Energy and Clipper Windpower, either did not make a turbine the size that Cannon wanted or were sold out. Cannon bought the turbines — made up mostly of blades, towers and nacelles (the part in the middle that houses components such as the rotor and generator) — from SIEMANS, a German company that also was the main contractor. In all, Hardke estimated, more than 50 PERCENT OF THE STIMULUS GRANT WENT TO SIEMENS. “I appreciate that cosmetically it doesn’t look good, but the reality is … the grants (must) go into the project costs,” he said. CANNON IS EXPECTING $151 MILLION MORE IN STIMULUS GRANTS to expand the wind farm and hopes all the parts will come from the United States. Hardke pointed to ways the stimulus cash will do what lawmakers intended — boost the local economy. Cannon pays about $3 MILLION A YEAR TO LEASE LAND FROM ABOUT 40 INDIVUALS individual owners as well as $2 million in property taxes... http://www.freerepublic.com/focus/f-news/2447662/posts We're being scammed. Windmill Farms are being built and then just sit there with no maintainence...for all the good they do one can see the logic but building them is illogical unless it's the land that's the motivation. America no longer produces or manufactures and these few jobs, of course, are temporary. Salazar Green-Lights First-Ever Solar Energy Projects on Public Lands 10/05/2010 WASHINGTON, DC – In an historic step forward in the nation’s clean energy future, (CLINTONITE) Secretary of the Interior KEN SALAZAR today approved the first large-scale solar energy plants ever to be built on public lands. The two projects, both located in California, are the first in a series of renewable energy projects on public lands under final review by the Department of the Interior that would provide thousands of U.S. jobs and advance U.S. clean energy technologies. Salazar’s approval grants the U.S.-based companies access to almost 6,800 acres of public lands for 30 years to build and operate solar plants that could produce up to 754 megawatts of renewable energy, or enough to power 226,000 – 566,000 typical American homes. The projects will generate almost 1,000 new jobs... http://www.doi.gov/news/pressreleases/Salazar-Green-Lights-First-Ever-Solar-Energy-Projects-on-Public-Lands.cfm When one strikes off the fact that these wild life agencies have been proven as a farce since the introduction of windmills, which has killed thousands of birds each year, and not a peep out of them about "capitalists" building on "conserved" land for profit. One can also eliminate that Obama cares about American jobs. So what's up with giving them thousands of acres of public land? Are there other resources within those acres that they're more interested in...they've given themselves 30 yrs. These structures are giantic...when they go bust what will the investors use them for...
86 posted on 09/27/2011 10:49:27 PM PDT by bronxville (Sarah will be the first American female president.)
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To: bronxville
A-Power Energy Generation Systems - United Steelworkers union President Leo Gerard, front left, poses with leaders of the plan to build a wind farm in West Texas. At center is Jinxiang Lu, chairman and CEO of the Chinese company A-Power Energy Generation Systems, with a leader of the investment group for the project, Cappy McGarr, a wealthy Texas philanthropist, investor and longtime fixture in Democratic politics, who has given heavily to Democratic candidates across the country and was an early backer of President Barack Obama's presidential campaign. The Chinese firm and its American partners, a group of investors known as the U.S. Renewable Energy Group, are hoping to receive money through the U.S Department of Energy. At rear, from left, are three other leaders of the investment group, lobbyist John O'Hanlon, Democratic fundraiser Ed Cunningham, and mostly obscured, lobbyist Moses Boyd.
87 posted on 09/28/2011 4:56:56 AM PDT by bronxville (Sarah will be the first American female president.)
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