Is 'Ivanpah' Solyndra Times Three?

article from Breitbart
by Lindsay Leveen 3 Jul 2012

Is 'Ivanpah' Solyndra Times Three?
Ivanpah, California has a solar power station on Federal land.

The company is "BrightSource Energy".

Southern California Edison (SCE) has agreed to purchase the power from Ivanpah under a twenty year power purchase agreement, but refuses to release terms of the agreement.

And, there is a very strange connection to the "former" Commerce Secretary John Bryson.
He was the guy who was in those odd "accidents" recently, and he "resigned" shortly afterwards.

It seems Mr. Bryson was Chairman of the Board of BrightSource until he "accepted" the job as Commerce Secretary in October 2011.

Hmmm.

It also seems that the US House of Representatives has been investigating the BrightSource "loans" recently, and Mr. Bryson himself !!!

Hmmm.

Sounds like a conspiracy with deep rabbit holes and possible Corruption

The article shows some interesting and damning evidence that suggests the possibility that the technology behind the "cheaper" solar panels from China could have been and should have been well known to American engineers !!

The Chinese solar panels use silicon instead of Copper, Indium, Gallium and Selenium.
That could be what has put American / taxpayer companies "out of business".

The BrightSource project is using American technology at a much much higher cost !!
(about 3x higher !!)

The average citizen of the US is now familiar with the Solyndra debacle and how the US Department of Energy blew approximately half a billion dollars on the idea to produce photovoltaic cells (PV) using a chemistry of Copper, Indium, Gallium and Selenium.

Solyndra got clobbered by the simple chemistry of silicon that the Chinese have now deployed in a massive fashion and drove down the cost of PV electric power generation. Just last week, another US DOE PV company announced they will fold. They are Abound Solar, and they were to use Cadmium and Tellurium chemistry for their PV cells. Approximately 0.1 billion dollars of tax payers’ money was wasted on Abound.

Not well known to the average American is a project for solar thermal energy in the Mojave Desert owned by BrightSource Energy. The project is located at Ivanpah, California on land owned by the federal government.

The article has ALL the details

reply to post by xuenchen


The author fails to mention that this is not a PV solar farm but a solar thermal farm. So this mumbo-jumbo about how the money was just 'wasted' by buying American PV's instead of Chinese is absurd, as is the underlying argument of not buying American made products in the first place.

He then goes on an attack against the former commerce secretary because he had a seizure while driving. That's classy.

reply to post by links234


The point is:

The loans are under investigation.

Bryson is under investigation.

The power company is balking at releasing the terms of the agreements.

All started right before the amazingly coincidental "seizure" accidents.

This IS a conspiracy forum after all.

Originally posted by xuenchen
This IS a conspiracy forum after all.

Good point.

Do you realize how much of a shill you look like posting all this sort of stuff, OP? It is totally common for the Federal government to give loans to new businesses, who have the potential of opening new markets in america. Many of these programs proceeded the Obama admin, and will continue on after he is gone.

Originally posted by stanguilles7
Do you realize how much of a shill you look like posting all this sort of stuff, OP? It is totally common for the Federal government to give loans to new businesses, who have the potential of opening new markets in america. Many of these programs proceeded the Obama admin, and will continue on after he is gone.

And the best "markets" seem to be the corruption markets.

Obama has brought that to new levels of "pocket profit"

This case will break wide open soon.

Could lead to indictments.

I bet you see it and have a problem with justifying these bribes.

This will ultimately raise electricity rates. Obama has "admitted" that already.

The thieves are using the old excuse that somebody else (in this case the Chinese) is "robbing" them by undercutting the prices of the goods.

The "intelligent" people knew all that a long time ago when they planned the con game.

reply to post by xuenchen


For someone like yourself who champions Romney and the GOP, it's laughable that you would find fault with these programs, which are a normal way the US government encourages investment in domestic business, and is often used by GOP admins for the same ends, like when Bush started the loans for Solyndra back in 2005!

Or did you really not know that?

Originally posted by stanguilles7
reply to post by xuenchen

 

For someone like yourself who champions Romney and the GOP, it's laughable that you would find fault with these programs, which are a normal way the US government encourages investment in domestic business, and is often used by GOP admins for the same ends, like when Bush started the loans for Solyndra back in 2005!

Or did you really not know that?

The Energy Department never approved the Solyndra loan under Bush.

In fact they seemed to be against it.

Solyndra's loan approval process began under the Bush administration. However, emails show that two weeks before Obama took office, the Energy Dapartment panel considering the loan unanimously decided not to proceed. In March 2009, one White House budget analyst wrote an email stating that "This deal is NOT ready for prime time."

Now enter the Obama factor

However, Solyndra was the first company approved for a loan guarantee under the Obama administration.[20] On March 20, 2009 the United States Department of Energy made a "conditional commitment" to a $535 million loan guarantee to support Solyndra's construction of a commercial-scale manufacturing plant for its proprietary solar photovoltaic panels.[21] The White House scheduled a press event for September 4 and federal reviewers gave final approval on September 2.[22] After securing the loan guarantee, the Federal Financing Bank, a part of the Department of the Treasury, loaned Solyndra $527 million.[23] The taxpayers are not expected to recover much of that money.

wikipedia


and even Axelrod is still supporting the deadbeat policy

In 2012 President Obama's chief strategist, David Axelrod responded[27] to questions about the Department of Energy loan to Solyndra. He said that the Obama administration "won't back off" over its clean energy policy. "It’s good for the planet, it’s good for the economy, it’ll create great jobs…high end manufacturing jobs. This is going to continue being a thrust for us."[28]. He added that President Obama's first 2012 campaign ad[29], defending his clean energy policy, was a response to an ad[30] sponsored by a SuperPAC mentioning Solyndra.

reply to post by xuenchen


Dude, you are so full of fail.

January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. The committee, consisting of career civil servants with financial expertise, remands the loan back to DOE “without prejudice” because it wasn’t ready for conditional commitment.

Originally posted by stanguilles7
reply to post by xuenchen

 

Dude, you are so full of fail.

January 2009: In an effort to show it has done something to support renewable energy, the Bush Administration tries to take Solyndra before a DOE credit review committee before President Obama is inaugurated. The committee, consisting of career civil servants with financial expertise, remands the loan back to DOE “without prejudice” because it wasn’t ready for conditional commitment.

But they never got the money !!!

Why did Obama pay them off all of a sudden ??

Fail

I've always said, that Americans can feel free to "buy American" if they want the same product at three times the cost.

American solar power is about the most expensive way in the world to generate power.