These, of course, were preceded over the past several years by the "Solyndra 38" which has certainly grown to 45+, I'm sure.
To the list of Solyndra projects we can now add yet another taxpayer-funded Obama green-energy project: Aquion Energy. Data points:
- $5.2 million stimulus-tied grant from the Obama administration
- battery research
- Pennsylvania
- lessons learned in making batteries:
- a complex endeavor
- time-consuming
- very capital intensive
To its credit, and something the CEO and directors can put on their resume when looking for a new job, the company was named "the North American Company of The Year" just prior to filing for bankruptcy.
I cannot make this stuff up.
Maybe Donald Trump should invited the company's CEO and its directors to the White House to honor them.
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