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Watchwoman on the Wall
Second Energy Department-backed company goes bankrupt
By
Donna Calvin
• Beacon Power bankrupt; had U.S. backing like Solyndra • Beacon Power Corporation Files Chapter 11 Petition-DJ Beacon Power Corp filed for bankruptcy on Sunday, just a year after the energy storage company received a $43 million loan guarantee from a controversial Department of Energy program. The bankruptcy comes about two months after Solyndra —…
Solar Company That Got Federal Loan and Was Touted by Obama Shuts Down
By
Donna Calvin
Watchwoman: Want an example of Obama’s Job’s Program…read on… ▬ Donna Calvin :~:~:~: By KEVIN FREKING and JASON DEAREN, Associated Press WASHINGTON (AP) – A California solar-panel manufacturer once touted by President Barack Obama as a beneficiary of his administration’s economic policies — and the recipient of a $535 million federal loan — is laying…
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