From the Las Vegas Review-Journal:

The Amonix solar manufacturing plant in North Las Vegas, heavily financed under an Obama administration energy initiative, has closed its 214,000-square-foot facility 14 months after it opened…

…A designer and manufacturer of concentrated photovoltaic solar power systems, Amonix received $6 million in federal tax credits and a $15.6 million grant from the U.S. Department of Energy to open the plant in North Las Vegas…

If it was a worthwhile investment then private investors would have ponied up the money for it – that it took a massive, federal grant to get it off the ground demonstrated that it was doomed to failure from the start.  But Obama backed it – just like he did Solyndra and other failed “green jobs”.  And if he’s re-elected he’ll just go right on funding them…because he’s an utter fool who doesn’t know what he’s doing.