List of Failed Obama Green Energy & Solar Companies in the Billions

Below is a list of failed energy companies backed by President Barack Obama and funded with tax dollars. President Obama has gone to great lengths to support policies to advance so-called green energy technologies but so far has met with utter failure.  The President plans to double down on these unproven, expensive failed technologies if he gets a second term.

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Most Americans are asking, “Can the United States of America REALLY afford FOUR MORE YEARS of President Obama?

List Of Failed Green Energy Jobs & Companies – By Obama

Update: 7/19/12: The Amonix Solar: FAIL! – manufacturing plant in North Las Vegas, subsidized by more than $20 million in federal tax credits and grants given by Obama Administration, has closed its 214,000 square foot facility a year after it opened.

• Solar Trust of America: FAIL! - Filed Bankruptcy in Oakland, CA, April 3, 2012 – On April 2, 2012
• Bright Source: FAIL! - Bright Source warned Obama’s Energy Department officials in March 2011 that delays in approving a $1.6 billion U.S. loan guarantee would embarrass the White House and force the solar-energy company to close. Lost Billions of dollars but Getting More Money To Keep Trying. Can you say, “This isnt working?”
• Solyndra: FAIL! - Obama gave Solyndra $500,000,000 in taxpayer money and Solyndra shut its doors and laid off 1100 workers in August 2011 After Billions in Losses due to failure to make a solar product that works!
• LSP Energy: FAIL! - LSPEnergy LP filed bankruptcy protection and a sale of its assets in Feb 2012
• Energy Conversion Devices: FAIL! – On February 14, 2012 Energy Conversion Devices, Inc. and its subsidiaries filed for bankruptcy
• Abound Solar: FAIL! - Abound Solar received a $400 million loan guarantee from Barack Obama announced in June, 2012 that it would file for bankruptcy
• SunPower: FAIL! - SunPower stopped producing solar cells last year at near bankruptcy restructured only with help of, get this, oil giant TOTAL who owns 60% stake. Irony! Still struggling…
• Beacon Power: FAIL! – Beacon Power Corp filed for bankruptcy Oct 2011 just a year after Obama approved $43 million loan Government loan guarantee
  
• Ecotality: FAIL! - ECOtality, a San Francisco green-tech company that never earned any money on the verge of bankruptcy after receiving roughly $115 million in two loan guarantees from Obama 
• A123 Solar: FAIL! -A123 received $279 million from taxpayers thanks to PresidentObama’sDepartment of Energy loan guarantees and after Solyndra bankruptcy is getting another $500M from Obama and it has lost $400M
• UniSolar: FAIL! - Uni-Solar filed for Ch 11 bankruptcy in June 20 this year laid off hundreds got more Obama money still failing but still in business
• Azure Dynamics: FAIL! - Azure Dynamics files for bankruptcy in June wasting millions in Obama “Stimulus” and tax credits.  Azure Dynamics LLC filed for bankruptcy protection in Canada and the US.  Azure laid off 120 of its 160 employees in Oak Park; Boston; Vancouver, British Columbia; and the UK.
• Evergreen Solar: FAIL! - Evergreen Solar received $527 Million in Taxpayer money from Obama filed bankruptcy
• Ener1: FAIL! received more than $100 million in government funding from the Obama administration filed for bankruptcy January 2012

Via: Divided States

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