Another HUGE FAILED solar plant project funded by Obama’s DOE, paid for by us, goes bust! See also Solyndra.
Tonopah Solar Energy LLC received $737 MILLION in gov loans and just filed for bankruptcy.
#GreenScam
It was supposed to be a huge solar power plant in the NEVADA desert. Opened in 2015, developed problems, and stopped operating in April 2019.
Just another liberal project that was “unreliable and EXPENSIVE.”
Here is who owns Tonopah:
SolarReserve
Cobra Energy Investments LLC
Cobra is owned by Spanish company ACS
Spanish bank Banco Santander SA
It was known as the "Crescent Dunes" project.
energy.gov/lpo/crescent-d…
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