The RENIXX Index of the 30 largest renewable energy companies in the world is trading at an all-time low today and has lost over 90% of its value since 2008. A partial listing of green energy companies that have already filed bankruptcy or are teetering on the brink is below. Many of these companies were financed by taxpayers.
Filed Bankruptcy:
o SolyndraTeetering on the Brink:
o Beacon Power
o Ener1
o Range Fuels
o Solar Trust of America
o Spectrawatt
o Evergreen Solar
o Eastern Energy
o Unisolar
o Bright Automotive
o Olson’s Crop Service
o Energy Conversion Devices
o Sovello
o Siag
o Solon
o Q-Cells
o Mountain Plaza
o Abound Solar
o A123 Systems
o Brightsource Energy
o Fisker Automotive
o First Solar
o Nevada Geothermal
o SunPower
o Nordex
o The Bard Group
o Amonix
o NRG Energy
o Alterra Power
o Enel Green Power
o Sunpower Corp
This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Tuesday, May 22, 2012
Bubble bursting
The Enterprise blog writes about the bursting of the bubble of renewable energy stocks, which Obama has propped up with taxpayer money.
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