Illinois Rep. Kinzinger Discusses Ener1 Bankruptcy (Solyndra 3.0)

Ener1, which had been awarded a 8.5 million stimulus grant, filed for bankruptcy on January 26, 2012. Ener1 joins the growing list of failed companies that went belly up after hundreds of millions of dollars in administration backing. DOE’s jobs record seems to grow worse by the day – first Solyndra, then Beacon Power, and now Ener1 – and it is American taxpayers who are paying the price.

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