SunEdison Sets on Former First Wind CEO Paul Gaynor
Oh, Paulie? Won't see him no more...
According to UBS, Paul Gaynor (former First Wind CEO) has also departed, although this was not disclosed in the 8K filing. "Given Paul's former role as CEO of First Wind, we continue to perceive growing risk to execution on guided targets, particularly on wind backlog," reported UBS.
http://www.greentechmedia.com/articles/read/Energy-Jobs-SunEdison-B...
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Comment by Barbara Durkin on January 27, 2016 at 9:03pm
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Amen, Steve. It's a chronology of corruption and crony capitalism we're ignoring at our peril. It's unchecked by a complicit media. So, we're billions in debt. Deval Patrick boasted green success where they're is publicly-funded failure.
Read more: http://www.metrowestdailynews.com/opinions/letters_to_the_editor/x1...
- · Durkin: The ‘confluence of influence’ behind state energy grants
- Project merit does not appear to be the driver of the renewables' sector in Massachusetts. The money trail reveals crony capitalists moving through revolving doors while they collect public subsidies. When politics influences renewable policy, publicly-funded, non-solutions to our energy needs, and less reliable and more costly projects, like the proposed offshore Cape Wind project, are advanced.
- By Barbara Durkin/Guest Columnist
Posted Dec. 13, 2013 @ 12:01 am
Updated Dec 13, 2013 at 1:05 PM
Project merit does not appear to be the driver of the renewables' sector in Massachusetts. The money trail reveals crony capitalists moving through revolving doors while they collect public subsidies. When politics influences renewable policy, publicly-funded, non-solutions to our energy needs, and less reliable and more costly projects, like the proposed offshore Cape Wind project, are advanced.
Gov. Deval Patrick has just cut the ceremonial green ribbon for the “Ambri” Liquid Metal Battery (LMB), manufacturing plant in Marlborough. The Advanced Research Project Agency-Energy (ARPA-E) award of $6,949,624 to Massachusetts Institute of Technology supports the storage battery technology by MIT Professor Donald Sadoway at a stage, “too early for private-sector investment.”
Massachusetts Clean Energy Center (MACEC), which collects ratepayer surcharges to fund renewable projects, has announced $734,134 will fund five projects, “including Cambridge-based Ambri Inc. (with the Massachusetts Military Reservation, Raytheon, Analysis Group and Mass Development Finance Agency) – $150,000 (with a $452,355 match) to assist in demonstrating Ambri’s liquid metal battery technology, an energy storage system that will help better understand how large-scale systems can help a multitude of needs.”
Phil Guidice, the CEO of Ambri, is a confluence of influence and former chair of the Massachusetts Renewable Energy Trust, now part of the Massachusetts Clean Energy Center funding Ambri. Guidice has served as commissioner of the Department of Energy, and as Undersecretary of Energy of the Executive Office of Energy and Environmental Affairs. Guidice was appointed by former U.S. Energy Secretary Steven Chu to the U.S. DOE's Energy Efficiency and Renewables Advisory Committee.
Phil Guidice led the team that invested over $54 million in federal stimulus dollars in energy efficiency and renewable energy projects in Massachusetts. Prior to joining the Patrick administration, Guidice was senior vice president of EnerNOC, which was awarded 20 percent of the state's ARRA stimulus for a $10 million contract, by Guidice's energy department.
Ambri’s batteries are a theoretical solution to the actual problem that wind energy requires back-up conventional energy sources, due to the intermittent nature of wind. Ambri has announced that this nascent technology will be deployed in Hawaii by partnership with UPC First Wind. Ambri’s battery storage plans for Hawaii come as a shock to folks living there, who are well acquainted with the hazards of molten lead, battery storage fires, and with Ambri’s partner, UPC First Wind.
UPC First Wind is Boston-based, and the Hawaii wind developer for Kahuku Wind project that remains offline following a catastrophic battery storage facility fire. The Hawaii Free Press (Oct. 9, 2013, “Playing with Fire: Kahuku to Install Molten Magnesium Batteries”) bemoans the arrival of Ambri, and return of their partner, First Wind, “16 months after the inevitable Kahuku wind farm battery fire spewed molten lead across the sacred 'aina, First Wind, the company that couldn't see the August, 2012 fire coming even after two earlier fires, is doing it again."
Page 2 of 2 - A confluence of the influential is thriving in the green sector, while citizens required to fund politically favored green initiatives remain jobless and overburdened tax and ratepayers. Public officials appear too closely aligned with industry and businesses that rely on public funding. It's difficult to distinguish the regulator from the regulated. Businesses take actions based on their bottom line, and these actions may conflict with public interest.
Our collective wealth continues to morph into socialized debt with Evergreen Solar, Beacon Power, Boston Power, A123 Systems, and Konarka Technologies. The Solyndras of Massachusetts will cease when public and environmental merits drive Massachusetts energy policies.
Barbara Durkin lives in Northborough.
http://www.metrowestdailynews.com/x1275651457/Durkin-The-confluence...
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Comment by Steve Thurston on January 27, 2016 at 7:08pm
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Thank you Barbara for this disturbing chronology of corruption and crony capitalism, all committed under the umbrella of saving the planet. How much longer can the public turn a blind eye to this "in flagrante delicto" behaviour?
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Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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