Ener1 Goes Bankrupt, Becomes Second or Third Next Solyndra

Tim Cavanaugh Reason Magazine 1/26/2012

After spending $55 million of a $118.5 million grant from Stephen Chu’s Department of Energy, Ener1, an Indianapolis-based maker of batteries whose facilities were toured by Reason’s Ronald Bailey in 2010, has declared bankruptcy.

Ener1, which got the grant for its EnerDel subsidiary, is another candidate in the increasingly competitive […]