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Solyndra II - The Spanish company, Abenoga has recieved a massive DOE taxpayer funded "investment".  Looks like another example of corrupt Obama crony socialism and blatant money laundering for the Socialist party, USA. According to the U.S. Energy Information Administration (EIA), such solar thermal power is far and away the most expensive option that it considered in projecting the cost of new electricity technologies over the next four years.Using a complex calculation known as "levelized cost," EIA says that solar thermal energy will weigh in at $311.60 per megawatt/hour, vs. $210.70 for more conventional solar paneling, and $113.90 for "advanced nuclear."Click here for the EIA cost estimatesCompared to more conventional energy sources, solar thermal is even pricier -- much pricier. The EIA says that natural gas-fueled energy plants, even using advanced techniques to remove carbon from their emissions, would cost $89.3 per megawatt/hour, while ordinary gas fueled natural gas generation would cost $66.10.A conventional coal-fired electrical plant -- anathema in green circles -- would provide energy at $94.80 per megawatt/hour, and one equipped with "clean" coal technology and sequestration of carbon emissions would provide electricity at a cost of $136.20 per megawatt/hour.The second-most pricey option on the EIA list, after solar thermal, is energy from wind turbines placed in the ocean, which comes in at $243.20 per megawatt/hour.In other words, even that difficult and costly-to-produce energy source is projected to cost only three-quarters as much. Read more: http://www.foxnews.com/politics/2011/09/22/federal-loans-fund-big-ticket-energy-projects-at-firms-outside-us/?intcmp=obinsite#ixzz1Zs0en100