Bad Bets in Washington Have America Waking Up in Vegas

July 19, 2012

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BAD BETS IN WASHINGTON HAVE AMERICA WAKING UP IN VEGAS

Arlington, Va. – In the latest Solyndra-style example of Washington waste, the Las Vegas Review-Journal reports that the Amonix solar manufacturing plant in North Las Vegas has closed its facilities after receiving more than $15 million in grants from the Department of Energy under the Obama administration.  According to the Amonix website, The Westly Group, headed by founder and Obama money-bundler Steve Westly, was a major investor in the company; raising serious questions about the political nature of the DOE grant.  Westly raised $500,000 for then candidate Obama in 2008.

Gretchen Hamel, executive director of Public Notice, issued the following statement:

Will Washington ever learn?  More than a year after we lost over $500 million on Solyndra, it’s clear nothing’s changed when it comes to rewarding political allies with millions in taxpayer dollars.  While this administration keeps rolling the dice on more bad investments, it’s the American people who are left deeper in debt with nothing to show for it.  Nearly $16 trillion dollars in the hole, Americans can’t afford to let Washington continue to gamble away our future.

LVRJ: Amonix Closes North Las Vegas Solar Plant After 14 Months, Heavy Federal Subsidies

By Hubble Smith
July 18, 2012

The Amonix solar manufacturing plant in North Las Vegas, heavily financed under an Obama administration energy initiative, has closed its 214,000-square-foot facility 14 months after it opened.

Officials at Amonix headquarters in Seal Beach, Calif., have not responded to repeated calls for comment this week. The company today began selling equipment, from automated tooling systems to robotic welding cells.

A designer and manufacturer of concentrated photovoltaic solar power systems, Amonix received $6 million in federal tax credits and a $15.6 million grant from the U.S. Department of Energy to build the plant in North Las Vegas. …

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To schedule an interview with Gretchen Hamel, contact the Public Notice Press Office at 571.970. 6490.

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