Beacon Power Goes Chapter 11 as Red Ink from Green Energy Keeps Flowing

News hit the trade press today that Beacon Power had become the second DOE loan guarantee company to file for Chapter 11 bankruptcy.  In August 2010 DOE provided a $43.5 million loan guarantee for this maker of flywheel technology to provide back-up power for grid stability.  Beacon used $39 million of that loan guarantee to Read more about Beacon Power Goes Chapter 11 as Red Ink from Green Energy Keeps Flowing[…]

Could Solyndra's Failure turn into Customer Benefits

The fallout from the Solyndra bankruptcy has turned the entire US DOE loan guarantee program into a political food fight.  The President is wisely silent on the issue, but his Republican rivals are like pigs at the trough over the headline grabbing incident in an effort both to tarnish President Obama as well as score Read more about Could Solyndra's Failure turn into Customer Benefits[…]

Solyndra as Icarus

“Solar Photovoltaic (PV) technology has shown impressive price reductions over the last 20 years, and the outlook for the coming years is even brighter, with the potential for further generation cost decline of 50% by 2020. But already today, PV electricity is cheaper than many people think. In the coming years, the technology will become Read more about Solyndra as Icarus[…]

California After the Election: Green Vanguard or Out of Touch and Out of Time?

In the reading of tea leaves after the 2010 election, most of the ink being spilled is focused on the humbling of President Obama and the resurrection of Republicans in Congress.  Here in California, Senator Boxer was re-elected and Jerry Brown beat billionaire Meg Whitman for Governor.  Prop 19 failed to legalize pot but so Read more about California After the Election: Green Vanguard or Out of Touch and Out of Time?[…]