Day776 Saturday 10/13/12

ran 0.0 miles

Here's the latest green energy company burning and crashing. Vestas, a Danish wind turbine company that received over $50 million in stimulus tax dollars announced Friday it has laid off more than 800 workers in North America and Canada and may be forced to lay off another 800 soon. 

$50 million dollars wasted and jobs lost.

(Source)

I found this from July 24, 2012, a list of stimulus-funded green energy companies that have gone bankrupt:

1. Abound Solar (Loveland, Colorado), manufacturer of thin film photovoltaic modules.
2. Beacon Power (Tyngsborough, Massachusetts), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.
3. Ener1 (Indianapolis, Indiana), built compact lithium-ion-powered battery solutions for hybrid and electric cars.
4. Energy Conversion Devices (Rochester Hills, Michigan/Auburn Hills, Michigan), manufacturer of flexible thin film photovoltaic (PV) technology and a producer of batteries and other renewable energy-related products.
5. Evergreen Solar, Inc. (Marlborough, Massachusetts), manufactured and installed solar panels.
6. Mountain Plaza, Inc. (Dandridge, Tennessee), designed and implemented “truck-stop electrification” technology.
7. Olsen’s Crop Service and Olsens Mills Acquisition Co. (Berlin, Wisconsin), a private company producing ethanol.
8. Range Fuels (Soperton, Georgia), tried to develop a technology that converted biomass into ethanol without the use of enzymes.
9. Raser Technologies (Provo, Utah), geothermal power plants and technology licensing.
10. Solyndra (Fremont, California), manufacturer of cylindrical panels of thin-film solar cells.
11. Spectrawatt (Hopewell, New York), solar cell manufacturer.
12. Thompson River Power LLC (Wayzata, Minnesota), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.

(Source)

2,080 miles from Lafayette, LA to Washington D.C. and back + 337.4 

Here is what happened one year ago on Day411.

Here is what happened two years ago on Day45.