Yet Another "Green Energy" Company Goes Bankrupt
Today, January 27, 2012, we learn that Ener1, the owner of a company that received $118.5 million from the Department of Energy (DOE), filed for bankruptcy protection after defaulting on bond debt. EnerDel, the company that Ener1 owns, makes electric-car batteries. Ener1, based in New York, makes lithium-ion batteries for plug-in electric cars. Under President [...]
