Another Renewable Energy Bust: $43 Million of Taxpayer Money Gone

Written by Gary North on April 16, 2012

The stories just keep coming. The Department of Energy offers huge loan guarantees for “renewable energy” projects, and they keep going belly-up. Not yet two years after the Department of Energy awarded $43 million in loan guarantees for Beacon Power’s energy storage plant, government attorneys are calling the bankrupt solar company and its affiliates little […]

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