Greetings EEVBees:
--There is a definite pattern here with these government funded ripoffs of the taxpayers, be they millions like in Tampa, hundreds of millions like Solyndra or the Big Casino, the Ivanpah Bird Burner. The 2.2 billion dollar Ivanpah solar thermal project is producing a forth of the energy promised. So Google and company are trying to obtain a federal grant for 539 million to help pay back the 1.6 billion federal loan, meanwhile these deadbeats are stiffing the government for the loan payments. Have been expecting same.
http://news.investors.com/ibd-editorials/111114-725969-rich-ivanpah-owners-want-taxpayers-to-pay-for-their-mistake.htm"According to the U.S. Energy Information Administration, it's produced only a quarter of the power it was promised to generate."
--Again, the same pattern; Promise the moon. Have a bunch of glad handing politicians pose with shovels and cutting ribbons. Then deliver crap, avoid paying the money back, and beg for more, while the press moves on to promoting the next juggernaut renewable project, and the taxpayers bear the brunt.
http://www.wsj.com/articles/ivanpah-solar-project-owners-delay-repaying-loans-documents-say-1411488730[quote only, rest of article behind pay wall"
"The world's largest solar thermal electricity project is applying for a federal grant—to pay off its federal loan.
In order to pull that off, the owners of the Ivanpah Solar Electric Generating System project, NRG Energy Inc., Google Inc. and venture capital-backed BrightSource Energy Inc., have delayed repaying hundreds of millions of dollars of the project's federal loans from several months to a year, according to documents."
"Noise proves nothing. Often a hen who has merely laid an egg cackles as if she laid an asteroid."
Mark Twain (Samuel Langhorne Clemens ) 1835 - 1910
Best Regards
Clear Ether