{"id":6398,"date":"2015-07-03T04:45:41","date_gmt":"2015-07-03T04:45:41","guid":{"rendered":"http:\/\/twitchy.com\/2012\/06\/28\/another-government-blessed-green-energy-company-bites-the-dust\/"},"modified":"2015-07-03T04:45:41","modified_gmt":"2015-07-03T04:45:41","slug":"another-government-blessed-green-energy-company-bites-thedust","status":"publish","type":"post","link":"https:\/\/effectsofanxiety.net\/archives\/6398","title":{"rendered":"Another government-blessed green energy organization bites the dust"},"content":{"rendered":"http:\/\/twitter.com\/#!\/iowahawkblog\/status\/218471972584169472\r\n

Colorado-based Abound<\/a> Solar<\/a> is simply the most up-to-date in a long-line<\/a> of green power<\/a> companies having gone belly-up<\/a> after getting a large amount of cash<\/a> in taxpayer cash.<\/p>\r\n

From businessfew times<\/a>:<\/p>\r\n

Abound Solar Inc., a U.S. solar energy manufacturer that is offered a $400 million U.S. loan guarantee, will suspend organizations and look for bankruptcy relief because its panels had been too costly to contend.<\/p>\r\n

Abound borrowed about $70 million dealing with the guarantee, the Loveland, Colorado-based company reported nowadays in a statement. It claims to find bankruptcy relief security in Wilmington, Delaware, 2-3 days.<\/p>\r\n

…<\/p>\r\n

“we understand the explanation they moved broke. We warned all of them they would get broke,” [Cliff] Stearns, a Florida Republican [and chairman of this house Energy and Commerce Committee’s means panel], informed reporters today. “The bigger genuine real real question is the reason the management had been undoubtedly after a green-energy demand which companies are going smashed and wasting taxpayer money.”<\/p>\r\n

That’s a very good problem. Inquiring thoughts got to understand.<\/p>\r\n

Iowahawk<\/a> have been kind sufficient to tweet totally most of the green power organizations getting helping put taxpayers into the purple:<\/p>\r\n\r\n\r\n

Solyndra. Ener1. Abound Solar. Brightsource. Ecotality. SunPower. Beacon Energy. Solar Trust. A123 Solar. #ObamaGreenEnergyGraveyard<\/a><\/p>\r\n

— David Burge (@iowahawkblog) June 28, 2012<\/a><\/p>\r\n

\r\n\r\n\r\n

LSP Energy. Power Saving Devices. Unisolar. Azure Dynamics. Evergreen Solar. Fisker (pending) #ObamaGreenEnergyGraveyard<\/a><\/p>\r\n

— David Burge (@iowahawkblog) June 28, 2012<\/a><\/p>\r\n

\r\n\r\n\r\n

SprectraWatt. Olsen's Mills. Hill Plaza. EnerDel. Mascoma. #ObamaGreenEnergyGraveyard<\/a><\/p>\r\n

— David Burge (@iowahawkblog) June 28, 2012<\/a><\/p>\r\n

\r\n

Oof. That graveyard’s getting rather complete.<\/p>\r\n

Discover more: http:\/\/twitchy.com\/2012\/06\/28\/another-government-blessed-green-energy-company-bites-the-dust\/<\/a><\/p>","protected":false},"excerpt":{"rendered":"

http:\/\/twitter.com\/#!\/iowahawkblog\/status\/218471972584169472 Colorado-based Abound Solar is simply the most up-to-date in a long-line of green power companies having gone belly-up after getting a large amount of cash in taxpayer cash. From businessfew times: Abound Solar Inc., a U.S. solar energy manufacturer that is offered a $400 million U.S. loan guarantee, will suspend organizations and look for … Continue reading Another government-blessed green energy organization bites the dust<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-6398","post","type-post","status-publish","format-standard","hentry","category-anxiety"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/posts\/6398"}],"collection":[{"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/comments?post=6398"}],"version-history":[{"count":0,"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/posts\/6398\/revisions"}],"wp:attachment":[{"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/media?parent=6398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/categories?post=6398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/effectsofanxiety.net\/wp-json\/wp\/v2\/tags?post=6398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}