Most People Saw This Coming Except The Stupid

From the LVRJ: A China-based company’s plan to build a solar energy plant south of Laughlin and create hundreds jobs has died.
ENN Mojave Energy failed to obtain the necessary power purchase deal with any utility companies, Clark County officials said Friday.
The company informed the county that it was unable to meet the terms of the agreement.
ENN’s representatives persuaded county officials to approve the big land deal in December 2011 with promises of bringing economic development to the Laughlin area.
Commissioners had high hopes it would bring hundreds, if not thousands, of jobs and a billion-dollar solar farm and research park to Southern Nevada. Under the agreement, 9,000 acres in the Fort Mohave Valley were sold to the company for $4.5 million.
At the time, the company predicted the creation of 590 to 2,222 permanent jobs in its first five years of development, and another 462 to 2,944 construction jobs. Its investment would have ranged from $1 billion to $6 billion, according to the analysis the company provided commissioners.
In hopes of getting the economic boost, the county sold the land for under its appraised value. Two separate appraisals had pegged the land’s value at $29.6 million and $38.6 million.
But the agreement also hinged on the company’s ability to negotiate a power purchase agreement with a utility company within 18 months, which failed to come to pass. As a result, the land goes back to the county.
U.S. Sen. Harry Reid, D-Nev., has pressured NV Energy to purchase power from ENN. In July 2012, he said the ENN project would start “tomorrow” if NV Energy did business with ENN.  http://www.reviewjournal.com/business/energy/plan-laughlin-solar-energy-plant-fizzles-clark-county-regains-control-land
This project is Coward/Liar/Senile Harry Reid's baby.  He had his son working on it.  He was the one who introduced the project and tried to pressure NV Energy into accepting poor rates while ENN would get a sweetheart deal.
The Clark County commissioners fell for this project without asking questions, like where would they get the financing and why near Laughlin when no one else wants to build there.  They also didn't take into account who was going to pay for all the infrastructure, extra police and fire and new schools.
Most people knew this was going to fail except for the liberals who dominate the Clark County commission and Senile Harry Reid.
We are better off for this plan failing, like many of the projects the Clark County and Harry Reid approve of.