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Monday, May 18, 2015

Obama Green Energy Record



Up to 2012 – The following are President Obama’s Taxpayer-Backed with government guaranteed loans, "green energy" failures. These are all companies that failed engineering and economic analyses, but made political contributions to Democrats.  All here listed are known to be financially shaky or bankrupt*:

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)
Beacon Power ($43 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)

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)

*Denotes companies that have filed for bankruptcy.  Source:
http://dailysignal.com/2012/10...

All above received government guaranteed loans that we will pay if they default.  All were contributors to Obama campaigns.  We have not been able to confirm that any have been audited by Federal authorities.

Adrian Vance

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