Wednesday, April 16, 2014

Abengoa Solar: Obama’s green energy projects fail, even when they are successful

by Marita Noon

...This report will expose one of the largest recipients of Obama’s green energy funding: Abengoa — which if not stopped, will get even more taxpayer dollars. On April 2, 2014, Secretary of Energy Ernest Moniz, said: “the department would probably throw open the door for new applications for renewable energy project loan guarantees during the second quarter of this year.”
Here’s a taste of what you’ll learn about Abengoa and how it operates:
  • Crony-connected, Stimulus-funded, Spanish-owned company builds/opens solar generating station—currently producing electricity.
  • Brings foreigners to U.S. to fill jobs from welders to administration to engineers to management—often working on tourist visas for as long as 9 months.
  • Many Americans, who do have jobs on the project, get fired so expats can have the jobs.
  • Health insurance fraud committed by putting expats on plans when they are not on payroll (expats on tourist visas were paid out of accounts payable).
  • American vendors/contractors payments are intentionally delayed while U.S. taxpayer funds are in Spain collecting interest—$70 million owned to U.S. vendors.
On October 7, 2013, a giant concentrated-solar plant opened near Gila Bend, AZ. The $2 Billion Solana Generating Station has 32,320 mirrors on 1900 acres (equivalent to 1400 football fields) making it the world’s largest parabolic trough array with thermal storage. The 280 MW generating station is one of the first solar plants that can store thermal power for six hours. The stored thermal power can be used at night or on cloudy days to produce the steam that turns the turbines and creates electricity.

Solana was made possible because of the 2009 stimulus bill and the loan guarantees and grants made available by the American Recovery and Reinvestment Act (ARRA). Plant owner, Abengoa, reports that Solana’s construction employed 2,000 people.

When selling ARRA to the American public, the president said it would create jobs. Abengoa employees, who contributed to this report, were grateful for the jobs. They believed in green energy generally and the project specifically. But that was in the beginning when the sun was shining on Solana and its parent Abengoa.

With the green energy failures (32 failed and 22 circling the drain) being widely exposed by both the mainstream media, through shows like 60 Minutes, and Republicans, who point to the failures in order to embarrass President Obama and stop future green energy spending, one would think that Solana’s success would be something the White House would want to use for a major PR campaign — with pictures of a triumphant Obama cutting the ribbon splashed across the front page of every major newspaper. At the least, you’d expect an appearance by Vice President Joe Biden. Earlier, the White House had promised one or the other would be there, but neither was present for Solana’s October opening.

With the president’s penchant for photo ops, it seems mysterious that the official White House photographer wasn’t present to capture, and capitalize on, the moment.

Why wasn’t Obama waving to the cameras on October 7? Because even though Solana is a technical success, it is still an embarrassing failure. When the details in this report are exposed, as he must have known they inevitably would  be, he didn’t want to be anywhere near the project—because, as this report exposes, Solana would have never happened without direct intervention from the President.

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