What about the successes? How are you sure "much of it" (bolded in your quote above) is a failure? Below is an
incomplete list of the companies participating (Ener1-failure, Energetx Composites LLC-Success are not listed for instance). Data collected here:
https://lpo.energy.gov/?page_id=45
It looks to me like there are far more successes than failures. [sorry I didn't bother to format the below. There's a lot of data]. I have contacted the DoE and requested a complete list of companies participating.
AREVA Front-end Nuclear $2 billion 310/1,000 May 2010 Idaho Falls, ID Conditional Commitment
Georgia Power Company Nuclear Generation $8.33 billion 800/3,500 Feb 2010 Waynesboro, GA Conditional Commitment
Red River Environmental Products, LLC Energy Efficiency $245 million 70/500 Dec 2009 Conditional Commitment
SAGE Electrochromics, Inc. Energy Efficiency $72 million 160/210 Mar 2010 Faribault, MN Conditional Commitment
1705
1366 Technologies, Inc. Solar Manufacturing $150 million 70/50 Sept 2011 Lexington, MA
Abengoa Bioenergy Biomass of Kansas LLC Biofuel $132.4 million 65/300 Aug 2011 Hugoton, KS
Abengoa Solar, Inc. (Mojave Solar) Solar Generation $1.2 billion 70/830 Sept 2011 San Bernardino County, CA
Abengoa Solar, Inc. (Solana) Solar Generation $1.446 billion 60/1,700 Dec 2010 Gila Bend, AZ
Abound Solar Solar Manufacturing $400 million 1,200/400 Dec 2010 Longmont, CO and Tipton, IN
AES Corporation Battery Storage $17.1 million 5/30 Aug 2010 Johnson City, NY
BrightSource Energy, Inc. Solar Generation $1.6 billion 86/1,000 Apr 2011 Baker, CA
Caithness Shepherds Flat Wind Generation partial guarantee of $1.3 billion 35/400 Oct 2010 Gilliam and Morrow Counties, OR
Cogentrix of Alamosa, LLC. Solar Generation $90.6 million 10/75 Sept 2011 Alamosa, CO
Exelon (Antelope Valley Solar Ranch) Solar Generation $646 million 20/350 Sept 2011 Lancanster, CA
Granite Reliable Wind Generation partial guarantee of $168.9 million 6/198 Sept 2011 Coos, NH
Kahuku Wind Power, LLC. Wind Generation $117 million 10/200 July 2010 Kahuku Oahu, HI
LS Power Associates (ON Line – formerly known as SWIP-S) Transmission $343 million 15/400 Feb 2011 Ely to Las Vegas, NV
Mesquite Solar 1, LLC (Sempra Mesquite) Solar Generation $337 million 7/300 Sept 2011 Maricopa County, AZ
Nevada Geothermal Power Company, Inc. Geothermal partial guarantee of $98.5 million 14/200 Sept 2010 Humbolt County, NV
NextEra Energy Resources, LLC (Desert Sunlight) Solar Generation partial guarantee of $1.46 billion 15/550 Sept 2011 Riverside County, CA
NextEra Energy Resources, LLC (Genesis Solar) Solar Generation partial guarantee of $852 million 47/800 Aug 2011 Riverside County, CA
NRG Energy (California Valley Solar Ranch) Solar Generation $1.237 billion 15/350 Sept 2011 San Luis Obispo, CA
NRG Solar, LLC (Agua Caliente) Solar Generation $967 million 10/400 Aug 2011 Yuma County, AZ
Ormat Nevada, Inc. Geothermal partial guarantee of $350 million 64/332 Sept 2011 Jersey Valley, McGinness Hills, and Tuscarora, NV
POET, LLC. Biofuel $105 million 40/200 Sept 2011 Emmetsburg, IA
Prologis (Project Amp) Solar Generation partial guarantee of $1.4 billion 42/Over 1,000 Sept 2011 28 States
Record Hill Wind Wind Generation $102 million 8/200 Aug 2011 Roxbury, ME
SolarReserve, LLC (Crescent Dunes) Solar Generation $737 million 45/600 Sept 2011 Nye County, NV
SoloPower Solar Manufacturing $197 million 450/270 Aug 2011 Portland, OR
US Geothermal, Inc. Geothermal $97 million 10/150 Feb 2011 Malheur County, OR
Fisker Automotive $529 million 2,000 Apr 2010 2
Ford Motor Company $5.907 billion 33,000 Sep 2009 13
Nissan North America, Inc. $1.448 billion 1,300 Jan 2010 2
Tesla Motors $465 million 1,500 Jan 2010 2
The Vehicle Production Group LLC $50 million 900 Mar 2011