Posted on 10/03/2011 6:15:15 AM PDT by cutty
Almost a year ago to the day the Department of Interior issued a press release boasting that Secretary Ken Salazar had “approved the first large-scale solar energy plants ever to be built on public lands.”
As with Obama administration renewable energy initiatives, there were the promises of massive amounts of electrical power and “green jobs.
...
One of the major players was Arizona-based Stirling Energy Systems out of Scottsdale, which was to provide the technology for Tessera Solar of Texas to move forward with the massive Imperial Valley Solar Project in Imperial County, California.
What a difference a year makes. Stirling Energy Systems (SES), a manufacturer of mirrored solar dishes, just filed Chapter 7 bankruptcy meaning it will close its doors, cease all operations, and liquidate any remaining assets.
Warning signs appeared shortly after Salazar’s announcement. In December 2010, GreenTech Media reported in an article titled “Are Stirling Energy, Tessera Solar in Trouble ?"
...
Another green project with federal backing gone bust
(Excerpt) Read more at energy.i2i.org ...
shocked!
The Curse of Obama strikes again................
Well, if the taxpayers still have some money left, they should send it immediately to Obama's green jobs incinerator.
green jobs are just snake oil.
they don’t exist and never will.
and even if they did they would only be created in China and other low wage low regulation countries
Too bad, Sterling’s technology looked like it had promise, but trying to develop a project in California - even “green” energy - is a permitting/approval nightmare.
Oh come on man! It's only (our)money, if it was something important I'd get excited about it. /s
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