This week’s Fortune Magazine revealed that a few of the Department of Energy’s pet projects that received funding from Obama’s 2009 stimulus have now been purchased by foreign investors.*The first such company is Ener1, a company that makes lithium ion batteries for electric automobiles. In 2009 it received $118.5 million […]
Archive for: Solyndra
I imagine the Obama administration and supporters of renewable energy wish the industry’s recent nightmare was more like one of the subpar horror movies I watched over Halloween weekend: amusingly terrifying but ultimately harmless. The financial collapse of the federally supported solar energy company Solyndra, however, is no Halloween III: Season of the Witch.