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Tag: A123
The Solar Panel Domino Effect
Bankruptcy of mirror manufacturer may disrupt government solar projects
A mirror manufacturer for solar energy projects that has received financial help from the federal government has gone bankrupt, a development that could affect current solar projects that have also received help from the federal government.
Red Light
GOP considering fight against new Obama green energy subsidies
Republicans are considering a new push against what they say are wasteful “green” subsidies in light of news that a recipient of a major stimulus grant for electric vehicle batteries paid workers to watch movies and play games while failing to produce a single battery.
Advanced American Technology Set to Transfer to China
Congressmen call for government action to halt the sale of U.S. battery maker
Ten years worth of advanced American technology could pass from the United States to China if the sale of A123 is allowed to go through, Fox News reported.
Battery Power Politics
House Armed Services Committee raises national security concerns over sale of battery maker to Chinese company
The House Armed Services Committee said it is closely monitoring the pending sale of bankrupt battery-maker A123 Systems to a Chinese firm due to national security concerns.
Powering China’s Military
U.S. battery technology to boost Chinese military, satellites
China’s purchase of a United States high-technology battery maker will boost Beijing’s military forces and satellites and threaten the security of U.S. electrical power and communications grids, according former national security officials.
The Domino Effect of Green Energy Failure
Battery-maker’s collapse leads to massive delays for electric car company
The collapse of a government-subsidized battery manufacturer has caused the production of a government-subsidized electric car company to halt, raising questions about the government’s wisdom in supporting the two companies.
Betting on Green
Obama doubles down on failed green energy projects
President Barack Obama appears to be doubling down on his policies of using taxpayer money to finance green energy investments despite an increasingly spotty track record.
Subsidizing Losers
President Obama is touting his energy policies during the debate, but his policies have been to subsidize companies that go bankrupt, like A123.