<<< Solar farm. Problem, it is about 30 years too early. No national power grid; no homeland manufacturing base; no profits that go to our national GDP..
So far, 36 (sic - actual number 35) companies that were offered federal support from
taxpayers are faltering — either having gone bankrupt or laying off workers or
heading for bankruptcy. This list includes only those companies that received
federal money from the Obama Administration’s Department of Energy and other
agencies. The amount of money indicated does not reflect how much was actually
received or spent but how much was offered. The amount also does not include
other state, local, and federal tax credits and subsidies, which push the
amount of money these companies have received from taxpayers even higher.
The complete list of faltering or bankrupt green-energy
companies:
- Evergreen Solar ($25 million)*
- SpectraWatt ($500,000)*
- Solyndra ($535 million)*
- Beacon Power ($69 million)*
- Nevada Geothermal ($98.5 million)
- SunPower ($1.2 billion)
- First Solar ($1.46 billion)
- Babcock and Brown ($178 million)
- EnerDel’s subsidiary Ener1 ($118.5 million)*
- Amonix ($5.9 million)
- Fisker Automotive ($529 million)
- Abound Solar ($400 million)*
- A123 Systems ($279 million)*
- Willard and Kelsey Solar Group ($700,981)*
- 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 ($6.5 million)*
- Stirling Energy Systems ($7 million)*
- Azure Dynamics ($5.4 million)*
- GreenVolts ($500,000)
- Vestas ($50 million)
- LG Chem’s subsidiary Compact Power ($151 million)
- Nordic Windpower ($16 million)*
- Navistar ($39 million)
- Satcon ($3 million)*
- Konarka Technologies Inc. ($20 million)*
- Mascoma Corp. ($100 million)
- Compact
Power Inc. received
$151 million
*Denotes companies that have filed for bankruptcy.
Source: Heritage.
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