Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Solar Trust of America files bankruptcy
Reuters ^ | Apr 2, 2012 | Reuters

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 ...


TOPICS: Crime/Corruption; Front Page News; News/Current Events
KEYWORDS: failedgreen; globalwarming; greenenergy; obama; pelosi; reid
Navigation: use the links below to view more comments.
first previous 1-2021-35 last
To: Senior Chief

Tesla is a electric car company owned by Elon Musk. I don’t think its dead yet


21 posted on 04/02/2012 4:39:15 PM PDT by 4rcane
[ Post Reply | Private Reply | To 14 | View Replies]

To: mdittmar; All
--Solar Trust of America files bankruptcy --

Will Wind Trust of America be the next bankruptcy when Zero Motors comes out with their car powered by Wind?


22 posted on 04/02/2012 4:44:11 PM PDT by QT3.14 (MSM has a TDD (Truth Deficit Disorder) as it pumps out Kulturkrap to the masses)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks mdittmar.


23 posted on 04/02/2012 5:04:02 PM PDT by SunkenCiv (FReepathon 2Q time -- https://secure.freerepublic.com/donate/)
[ Post Reply | Private Reply | View Replies]

To: Senior Chief
You can add Evergreen Solar to that list. First Solar, America's largest pure solar play, is on the endangered list.
24 posted on 04/02/2012 5:47:19 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 13 | View Replies]

To: mdittmar

I’ve lost count, how many failed “green” businesses does that make? Ten?


25 posted on 04/02/2012 7:17:37 PM PDT by madison10 (The few times a Liberal shows an ounce of integrity, IMO those incidents are purely accidental)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

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.


26 posted on 04/02/2012 8:09:47 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

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.


27 posted on 04/02/2012 9:04:38 PM PDT by MadMax, the Grinning Reaper
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
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.
28 posted on 04/03/2012 2:51:17 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HKMk23

“..world’s 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.”


29 posted on 04/03/2012 3:03:20 AM PDT by 21twelve
[ Post Reply | Private Reply | To 20 | View Replies]

To: Senior Chief

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”)
http://www.realclearmarkets.com/articles/2012/02/01/electric_cars_doubling_down_on_dumb_99493.html

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.


30 posted on 04/03/2012 5:25:46 AM PDT by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
[ Post Reply | Private Reply | To 14 | View Replies]

To: TheOldLady

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???


31 posted on 04/03/2012 5:28:47 AM PDT by LibsRJerks
[ Post Reply | Private Reply | To 28 | View Replies]

To: Senior Chief
This is the list I have compiled (so far) of failed “green” companies:

Abound Solar

Bright Source

Ener1

SunPower

Tesla

Fisker

Beacon

LightSquared

Solyndra A123 Uni-Solar

Azure Dynamics, Inc

Ecotality, Inc

Solar Trust

Do you have a list of successful "green" energy co,s

32 posted on 04/03/2012 6:04:03 AM PDT by dearolddad
[ Post Reply | Private Reply | To 13 | View Replies]

To: Tzimisce
"They cleaned out the treasury and went to the Bahamas..Another day in Obamaland. :) "
so they could really enjoy taxpayer's $$$$ and some real solar power...suntanning.

33 posted on 04/03/2012 6:13:47 AM PDT by skinkinthegrass (Kill all the terrorists; protect all the borders, ridicule all the (surviving) Liberals :^)
[ Post Reply | Private Reply | To 18 | View Replies]

To: QT3.14
(rolling :) powered by gravity/heated by Mr. Sun
...financed by (ultimately)by the US taxpayers

34 posted on 04/03/2012 6:19:59 AM PDT by skinkinthegrass (Kill all the terrorists; protect all the borders, ridicule all the (surviving) Liberals :^)
[ Post Reply | Private Reply | To 22 | View Replies]

To: 21twelve

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?


35 posted on 04/03/2012 12:55:24 PM PDT by HKMk23 (Those who are perishing refused to receive the love of the Truth.)
[ Post Reply | Private Reply | To 29 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-35 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson