Skip to comments.Solar Trust of America files bankruptcy
Posted on 04/02/2012 1:37:26 PM PDT by mdittmar
The Oakland-based company has held rights for the 1,000-megawatt Blythe Solar Power Project in the Southern California desert, which last April won $2.1 billion of conditional loan guarantees from the U.S. Department of Energy. It is unclear how the bankruptcy will affect that project.
(Excerpt) Read more at reuters.com ...
Tesla is a electric car company owned by Elon Musk. I don’t think its dead yet
Will Wind Trust of America be the next bankruptcy when Zero Motors comes out with their car powered by Wind?
I’ve lost count, how many failed “green” businesses does that make? Ten?
This is a criminal conspiracy. The White House—actually the Chicago cabal that controls it—uses these failing companies as vehicles to launder DOE money in the billions. It will take years and a lot of auditors to unravel this. And this is just a fraction of the trillion-dollar “stimulus” with all its kick-backs, rake-offs and skims.
This will give the taxpayers/voters something to CHU on in November.
Another Obama failure. It’s getting crowded under that solar energy-powered bust, er, bus.
“..worlds largest solar power plant, someone somewhere will buy it and build it.”
That makes as much sense as the multimillion dollar Italian styled home plunked into a nearby middleclass neighborhood of ours. It is HUGE, and has VERY elaborate styling, big white stucco wall all the way around, tile drive, statues, a fountain, etc. I figured some big shot with eccentric tastes was having it built for himself.
About halfway through a For Sale sign went up on it! It has had a For Sale sign on it for 7+ years now. Although I do see a car in the drive once in awhile.
“It is such a nice house, I’m sure someone will buy it.”
Add EV-1, Ballard Power Systems, and of course GM’s “Volt” to that list (Certainly GM’s management and stockholders don’t consider the last a “success”)
Willard & Kelsey Solar Group LLC laid off about 40 people indefinitely ... to “make changes to production line improvements” ... [though they] would not say when the changes would be completed or when the laid-off employees could return to work. http://www.theblaze.com/stories/government-backed-solar-company-laying-off-employees-after-promising-hundreds-of-new-jobs/
Amonix (through subcontractor Flextronics Industrial) laid off about 200 of its 300-plus employees. Of course, they too are retooling the factory. I read that last as meaning they are trying to mine for more subsidies. http://www.theblaze.com/stories/another-energy-company-lays-off-hundreds-of-workers/
There may be more you can discover under FR keyword “FailedGreen” (Technologies, Companies) which I have listed on my homepage, but I don’t have time to check that right now. Please feel free to add FailedGreen to any appropriate FR articles you notice.
Okay, we’re onto them. Now, what can we do about it, and who has the power on our side to do it? Don’t ask me, because I have no idea.
But bellyachin’ to each other about the problem isn’t going to get our 15 trillion $ back.
Dam right. I can hardly laugh at the jokes anymore ...this IS criminal. Why are Americans being continuously subject to this?? Why does’t ANYONE on our side raise holy hell???
Solyndra A123 Uni-Solar
Azure Dynamics, Inc
Do you have a list of successful "green" energy co,s
What you said.
Except I’d buy the house before I’d invest in the solar thing.
BTW: Did you enjoy the Time Machine tour?