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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (928224)3/29/2016 6:02:37 PM
From: FJB  Read Replies (2) of 1573092
 
GOOGLE Solar Project to Cost Taxpayers $1.6 Billion...
Here’s the story so far, Ivanpah:
  • Is owned by Google, NRG Energy, and Brightsource, who have a market cap in excess of $500 billion
  • Received $1.6 billion in loan guarantees from the Department of Energy
  • Is paid four to five times as much per megawatt-hour as natural-gas powered plants
  • Is paid two to three times as much per megawatt-hour as other solar power producers
  • Has burned thousands of birds to death
  • Has delayed loan repaymentsIs seeking over $500 million in grants to help pay off the guaranteed loans
  • Burns natural gas for 4.5 hours each morning to get its mojo going
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