Browsing All Posts filed under »Solar Power«

DOE-Backed Abound Solar Facing Fraud Investigation In Colorado

October 27, 2012 by

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By Michael Sandoval ~ Abound Solar, the now-bankrupt solar company and recipient of a $400 million Department of Energy loan guarantee, faces a three-pronged investigation from Weld County, CO, for alleged securities and consumer fraud, along with misleading financial institutions. The Denver Post reports: The securities-fraud investigation stems from allegations that “officials at Abound Solar […]

Overnight Outrage: The Federal Government’s $300-Plus Million Bankruptcy Gift to Obama Bundlers

October 22, 2012 by

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By Tom Blumer ~ Let’s get the easy part out of the way first. The New York Times and the Associated Press are only covering the outrages emerging in Solyndra’s bankruptcy in the vaguest of terms. The only related Times item I could find was a sentence at the end of an October 11 Green blog […]

Solar Powered Stupidity

September 19, 2012 by

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By Andrew Bolt ~ Another green scheme, another massive waste of money: Stanwell Corporation, [Queensland’s] biggest power utility, has said the boom in rooftop solar installations has not resulted in any carbon emissions savings… This was because generation of solar electricity did not automatically reduce carbon emissions at base load power stations. Coal-fired power stations […]

Ex-Im Bank Makes $2 Billion Loan for South Africa Green-Energy Projects

August 14, 2012 by

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By Michael Sandoval ~ The U.S. Export-Import Bank inked a $2 billion clean-energy loan offer with South Africa to help fund the country’s green-energy push and drum up sales for America’s renewable industry, according to an announcement made last week. The 18-year loans will target wind, solar and thermal power in particular, said Fred Hochberg, […]

Residential Rooftop Solar Power

August 11, 2012 by

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INTRODUCTION Is rooftop solar power in a residential household application an economically viable way to supply residential power? The short answer is no. The long answer is still no, and that needs careful explanation. In recent years there have been ploys to make it seem that there could be a way to make it viable, […]

Residential Rooftop Solar Power – Part Two

August 11, 2012 by

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GRID CONNECTED ROOFTOP INSTALLATION In the earlier Post (Part One) we found that the rooftop solar PV installation that supplies power closest to what the average residence actually consumes (20KWH) is one that has a Total power generation of close to 5 KW (4950W). This system has 22 panels that generate the power, which is […]

Residential Rooftop Solar Power – Part One

August 11, 2012 by

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THE PURPOSE OF THE EXERCISE We are told that the emissions of Carbon Dioxide (CO2) are the main cause of Climate Change, or Catastrophic Anthropogenic Global Warming (CAGW). While those man made emissions of CO2 come from a number of sources, by far the largest contributor is the electrical power generation sector which emits around […]

Solyndra Revelations Show It’s Time to Close the “Bank of Washington”

August 7, 2012 by

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By Amy Payne ~ “The Bank of Washington continues to help us!” bragged Solyndra CEO Chris Gronet in emails released last week. An investigation by the House Energy and Commerce Committee revealed that Solyndra—the solar company that went under, taking more than $600 million in taxpayer funds with it—wasn’t ever supposed to be an independent […]

The Green Graveyard of Taxpayer-Funded Failures

July 25, 2012 by

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By Amy Payne ~ Solar-cell manufacturer Solyndra became a household name when it collapsed, taking $627 million in American taxpayer dollars with it. It’s the poster company for the government picking winners and losers—or really, just losers—in the energy market. But there are 12 more “green energy” losers that have declared bankruptcy despite attempts to […]

Stimulus-Backed Solar Facility Touted By Harry Reid Shuts Down

July 19, 2012 by

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By Lachlan Markay ~ A federally-funded solar production facility in Nevada has ceased operations, according to a former employee at the facility. The closure could prove troublesome for the company’s political allies. The Las Vegas Review-Journal reports that the North Las Vegas production facility for solar panel manufacturer Amonix has not operated since May. The […]

Renewable Power Australia – More Waste, Thanks To The Greatest Green Scare Ever

June 8, 2012 by

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By Andrew Bolt ~ Yet more huge waste, thanks to green politics: THE federal government is paying 10 times its carbon price to cut greenhouse gas emissions at thousands of schools, according to a highly critical audit that warns of safety risks under the program. Labor’s election pledge to install solar panels in every school […]

Taxpayer-Backed Green Energy Firms Struggle, But Hike Executive Pay

April 25, 2012 by

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By Lachlan Markay ~ When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the taxpayers who are keeping the company afloat?” But three years later, numerous green energy companies backed financially by the administration are paying out large salaries and […]

Germany Cuts Solar Subsidies, Has Its Solyndra Moment

April 5, 2012 by

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By Romina Boccia ~ After budget-stricken Spain eliminated subsidies for new renewable energy this year, Germany is now following the example by making significant cuts to its solar subsidy program. Bloomberg reports: Incentives for solar units pushed capacity past government targets, prompting Merkel to cut subsidies even as she seeks to wean Germany off nuclear […]

Concentrating Solar – Failure – At Every Step

March 30, 2012 by

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With Australia now having legislated to place a price on Carbon Dioxide emissions, the new talk is of of finding ways to replace those largest of all emitters, large scale coal fired power which produces 35 to 40% of all those man made CO2 emissions. Large scale Coal fired power has the distinct advantage of […]

Democrat Voter Registration  Humor

March 20, 2012 by

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Colorado’s Own Green Loan Sinkhole

March 10, 2012 by

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By Michelle Malkin ~ There’s no escaping Solyndra Syndrome. Here in my home state of Colorado, citizen journalists have uncovered our own gaping government green loan sinkhole. The stench of Chicago-on-the-Potomac is fouling the fresh Rocky Mountain air. Meet Loveland-based Abound Solar, the lucky winner of a $400 million federal loan guarantee from the Obama […]

Too Late to Apologize Humor

March 6, 2012 by

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Too Late to Apologize Don’t Get Any Bright Ideas And Now For Cartoons From Desk of Mark Alexander This showed up in my inbox Monday: “‘President Declares Disaster for Washington’ — FEMA” As it turned out, this alert was in reference to January Winter storm damage in Washington State. The only declaration that can repair […]

Subsidies and Costs in the Solar Industry

February 28, 2012 by

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By David Kreutzer, Ph.D. ~ According to Germany’s environment minister, Norbert Roettgen, “Solar is a success story made in Germany.” “Success” appears to mean having the world’s largest amount of ridiculously overpriced electricity. (The German subsidy for solar energy is up to five times the actual wholesale cost in the U.S.) But even Roettgen realizes […]

If We’d Followed Australian Senator Bob Brown’s Solar Dream, We’d Be Broke

February 20, 2012 by

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By Andrew Bolt ~ If it were up to Australian Greens Party leader, Senator Bob Brown, we’d have repeated Germany’s disastrous lead in ramping up solar power even more: SENATOR BOB BROWN: Well, it is the way to go. The Greens have recently rescued the proposals for base load solar power stations, which will go […]

Money Loser + $100 Million Subsidy = Money Maker?

February 14, 2012 by

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By David Kreutzer, Ph.D. ~ When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly exceeds the value of its solar project? A case in point is First Solar’s sale of its Antelope Valley Solar Ranch 1 (AVSR1) to Exelon. […]

Renewable Power Australia – Dim Solar Still Burns Bright At The ABC

February 13, 2012 by

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By Andrew Bolt ~ The ABC mentioned here is the Australian national broadcasting network, the Australian Broadcasting Corporation. It has no association with the U.S. ABC Network…..TonyfromOz. It’s strange that with solar power in trouble around the world, it’s still promoted as our saviour on the ABC: Fran Kelly on ABC Radio National on Friday: […]

Renewable Power Australia – What Has This Green Madness Cost Us?

February 8, 2012 by

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By Andrew Bolt ~ June, 2011 – the Prime Minister announces her latest green scheme: The Federal Government will provide more than three quarters of a billion dollars to help build two of the largest solar power stations in the world… Solar Dawn and Moree Solar Farm have been selected as the two successful consortiums […]

‘Clean Energy Future’ Australia – Raining On The Renewable Mirage

December 6, 2011 by

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By Andrew Bolt So with new hydro projects essentially banned and carbon capture a flop, the Gillard Government will probably need four times the solar and wind generators we have now to reach its 2020 target for renewable energy. That is sure going to cost: ELECTRICITY produced by renewable sources is approaching 10 per cent […]

Australia’s ‘Clean Energy Future’ – Why Nuclear Power Plants Should Be An Option

December 5, 2011 by

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Over the weekend just passed, the Australian Labor Government passed a motion at their Annual Conference that they should move in Parliament to amend the legislation regarding the sale of Uranium to India. The Minister For Resources and Energy, Martin Ferguson, said that the sale of Australian Uranium to India was imperative if that Country […]

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