Two different economic philosophies are facing off in the 2012 presidential election as President Barack Obama seeks to portray challenger Mitt Romney as a corporate raider, and Romney seeks to define Obama as someone who doesn't understand how business works. President Obama has criticized Romney's work as a venture capitalist, highlighting companies such as AMPAD, Dade, GST Steel, and Stage on his website. In turn, Romney has criticized Obama's record in giving loans to companies like Solyndra. Here is a breakdown of 30 projects the government invested in under the Obama administration's clean energy loans program. The information from this list is taken from lpo.energy.gov, and focuses on loans made under the Section 1705 Loan Program, the Section 1703 Loan Program and the ATVM Loan Program. The numbers listed on each slide are taken from the government's figures and recent news reports. Related: To see a list of 30 investments Mitt Romney was a part of while working at Bain Capital, click here.

Georgia Power Company

Investment: $8.33 billion
Permanent jobs estimate: 800
Temporary jobs estimate: 3,500
Location: Waynesboro, Ga.

The announced government loan guarantee is slated to help fund the Plant Vogtle nuclear expansion project in Georgia. As of May 9, Georgia Power's parent company, Southern Co., was continuing negotiations with the Department of Energy over the conditions of the $8.3 billion in loan guarantees. On May 17, the Southern Alliance for Clean Energy obtained loan guarantee documents which, the alliance claims, show Southern Company pursuing federal nuclear loan guarantees at significantly below market rates. The company has denied that the loan and project will hurt taxpayers, and said that it has "considerable financial skin in the game."

Ford Motor Company
Associated Press

Investment: $5.907 billion
Estimated jobs created/saved: 33,000
Number of projects: 13
Location: Michigan

The Ford Motor Company loan, Fox News reports, is to help auto manufactures meet new fuel-efficiency standards of at least 35 mpg by 2020. Ford expects to begin repaying the loans in 2012. The 33,000 jobs claim made by the Obama administration has been criticized, with The Washington Post reporting that "fuzzy math" was used to reach the number, as those 33,000 jobs were never suggested to be at risk and the number equals nearly half of Ford's total workforce.

* Ford Motor Company's logo is shown atop its world headquarters in Dearborn, Mich., June 5, 2003.


Investment: $2 billion
Permanent jobs estimate: 310
Temporary jobs estimate: 1,000
Location: Idaho Falls, Idaho

The French nuclear power company Areva originally planned to build a $3 billion uranium enrichment plant near Idaho Falls, and the company estimated it would create 4,800 direct and indirect jobs. However, after a rough 2011, the company pushed back the construction date and now aims to begin construction in 2013. The company said in a December 2011 blog post that the Eagle Rock Enrichment Facility project is "a solid project," and that the company remains committed to invest in the American nuclear power industry.

BrightSource Energy, Inc.
Associated Press

Investment: $1.6 billion
Permanent jobs estimate: 86
Temporary jobs estimate: 1,000
Location: Mojave, Calif.

The California Energy Commission lists seven Brightsource power projects which are due to begin delivering energy between 2013 and 2016. "We've got 1,700 (people) at work," BrightSource Vice President for Government Affairs and Communications Joe Dresmond told greentechmedia.com. "These are family-wage jobs. They're electricians, pipefitters, welders, heavy equipment operators, engineers and biologists." On May 31, BrightSource made an 11th hour withdrawal from an initial public offering, and information about the company's loan guarantee is being sought on Capitol Hill. John Bryson, the former BrightSource CEO, was the Secretary of Commerce until June 11, when he took a medical leave of absence.

* This undated photo provided by BrightSource shows BrightSource Energy’s Luz Power Tower in Israel's Negev Desert.

NextEra Energy Resources, LLC
Associated Press

Investment: Partial guarantee of $1.46 billion
Permanent jobs estimate: 15
Temporary jobs estimate: 550
Location: Riverside, Calif.

>> Desert Sunlight: The 550-megawatt Desert Sunlight Solar Farm is currently under construction in California and is expected to begin producing electricity by 2015, Bloomberg Businessweek reports. First Solar, which sold the Desert Sunlight solar farm to NextEra Energy Resources, LLC, is under investigation on Capitol Hill. In May, Goldman Sachs announced it would invest $4 billion a year for the next 10 years in green energy projects.

Investment: Partial guarantee of $852 million
Permanent jobs: 47
Temporary jobs: 800
Location: Riverside County, Calif.

>> Genesis Solar: The $1 billion Genesis solar project was halted in mid-May due to the discovery of "widely dispersed artifacts" that date to before A.D. 1000. Tribal leaders have questioned the rapid approval project for large-scale solar projects in the open desert areas east of the Coachella Valley, mydesert.com reports. The plant was one of seven that received fast-tracked approval by the Department of the Interior, and it is under investigation on Capitol Hill.

* Calif. Gov. Arnold Schwarzenegger, sixth from left, and Interior Secretary Ken Salazar, fifth from left, tour the NextEra Harper LakeSolar Electric Generating System facility in Hinkley, Calif., Monday, March 22, 2010.

Nissan North America, Inc.
Associated Press

Investment: $1.448 billion
Estimated jobs created/saved: 1,300
Number of projects: 2
Location: Smyrna, Tenn.

Nissan's $1.448 billion loan was given to help retool a battery manufacturing facility in Smyrna, Tenn. The plant would be used to manufacture the electric Leaf, and another facility would be built to make lithium-ion batteries to power the cars. In 2010, Bloomberg reported that the company planned to build 150,000 Leaf vehicles and 200,000 battery packs annually, and production at the plant was expected to start in 2012. On June 1, the Detroit News reported that Nissan has plans to slowly ramp up production at the Smyrna plant, and it's not clear when the plant will be at full operation. Leaf sales fell 55 percent in May to 510. Production of the Leaf is expected to begin in December.

* Unsold 2008 Xterras sit at a Nissan dealership in the southeast Denver suburb of Centennial, Colo., on Sunday, June 22, 2008.

Prologis (Project Amp)
Associated Press

Investment: Partial guarantee of $1.4 billion
Permanent jobs estimate: 42
Temporary jobs estimate: 1,000+
Locations: 28 states

In May, risk.net awarded Bank of America Merrill Lynch the "Deal of the Year" award for its role in the $2.6 billion Project Amp deal. The project was created to finance the installation of solar panels on commercial and industrial rooftops owned by international real estate developer Prologis across 28 U.S. states. In February 2012, the House Energy and Commerce Committee said U.S. Energy Secretary Steven Chu may have intervened on behalf of Prologis Inc. to help prop up the failing solar company Solyndra. Documents show Solyndra was the only supplier in the first phase of Project Amp.

* California Gov. Arnold Schwarzenegger, at podium, announces that Southern California Edison(SCE) will build the nation's largest solar energy installation during a news conference on the roof of a ProLogis building in Fontana, Calif, Thursday, March 27, 2008.

Caithness Shepherds Flat

Investment: $1.3 billion
Permanent jobs estimate: 35
Temporary jobs estimate: 400
Location: Oregon and Stamford, Conn.

The Caithness Sheperds Flat project is currently in development and, when completed, will be the largest wind facility in Oregon, according to Caithness Energy. Google invested $100 million in the project in 2011. In May 2012, Reuters reported that U.S. producers of wind towers are upset about being shut out of the project after it was announced that Chinese firms will supply the towers. A second project is reportedly set in Connecticut.

NRG Solar
Associated Press

Investment: $1.237 billion
Permanent jobs estimate: 15
Temporary jobs estimate: 350
Location: San Luis Obispo, Calif.

The California Valley Solar Ranch is due to be completed by 2013. NRG Solar acquired the 250-megawatt plant from SunPower in 2011. The January 2012 newsletter for the company states that the project has employed more than 230 on-site, and more than $21 million has been awarded to local contractors since September 2011.

* Jim LaBerge, right, and Rudd Davis work on a line of solar trackers built to assist in powering NRG Systems building in Hinesburg, Vt., Friday, June 4, 2004.

Abengoa solar, Inc. (Mojave Solar, Solana)
Associated Press

Investment: $1.2 billion
Permanent jobs estimate: 70
Temporary jobs estimate: 830
Location: San Bernardino Co., Calif.

Mojave Solar: An estimate by the California Energy Commission shows the Mojave Solar plant slated to begin deliveries in December 2013. Abengoa Solar, Inc. is currently one of six energy companies being targeted by a probe on Capitol Hill for possible preferential treatment.

Investment: $1.446 billion
Permanent jobs: 60
Temporary jobs: 1,700
Location: Gila Bend, Ariz.

Solana: Plans for the Solana solar project were originally announced in 2008, and the plant — set to become one of the largest solar plants in the world — is due to be finished in the summer of 2013. As of April 9, 2012, the Solana construction work is reported to be half finished.

* Calif. Gov. Arnold Schwarzenegger and Interior Secretary Ken Salazar listen to Scott Frier, Chief Operating Officer of Abengoa Solar Inc., while visiting the company's proposed Mojave Solar Project site in Hinkley, Calif., Monday, March 22, 2010.

NRG Solar

Investment: $967 million
Permanent jobs: 10
Temporary jobs: 400
Location: Yuma County, Ariz.

NRG Inc. closed its $967 million loan guarantee and finalized the purchase of the Agua Caliente plant from First Solar Inc in 2011. The project was expected to employ about 400 people during construction, which is slated to conclude in 2014. In May 2012, it was reported that the first 100 MW of the 290-MW solar project were delivering electricity to the grid.

SolarReserve, LLC
Associated Press

Investment: $737 million
Permanent jobs estimate: 45
Temporary jobs estimate: 600
Location: Nye County, Nev.

Construction of the Crescent Dunes Solar Energy Project began in September 2011, and it is expected to supply 500,000 megawatt hours annually of electricity after it is completed in late 2013. On Feb. 9, 2012, SolarReserve announced the completion of a 540-foot solar power tower, calling it a "significant milestone" for the solar energy industry as a whole. SolarReserve, LLC is being investigated on Capitol Hill.

* This artist rendering released by SolarReserve LLC shows what will be the Crescent Dunes Solar Energy Project, a solar generating facility, that is being constructed northwest of Tonopah, Nev., in Nye County.

Exelon (Antelope Valley Solar Ranch)

Investment: $646 million
Permanent jobs estimate: 20
Temporary jobs estimate: 350
Recent status: -120 jobs
Location: Lancaster, Calif.

An estimate by the California Energy Commission reported that December 2013 would be the first expected delivery date for the solar farm. In April, cleantechnica.com reported that the company had received its first loan advance. On May 30, the Washington Free Beacon reported that the company had furloughed half of its 240-person workforce. The furloughs came two weeks after first solar chairman Michael Ahearn told House committee members that the company "remains financially strong and well positioned to execute through the current market environment."

Solyndra, Inc.
Associated Press

Investment: $535 million
Permanent jobs estimate: N/A
Estimated temp jobs: 3,000
Recent status: -1,861 jobs

As the most well-known government loan program recipient, Solyndra was touted in 2010 by President Barack Obama as a testament to American ingenuity. The company went bankrupt in 2011 and 1,861 workers were laid off. Investigations showed the White House trying to rush federal reviewers into granting the $535 million loan. The administration also restructured the loan to allow private investors to move ahead of taxpayers for repayment in case of default. Today the empty Solyndra offices have become a campaign talking point for Republican presidential candidate Mitt Romney.

* Exterior view of Solyndra Inc. in Fremont, Calif., Monday, May 24, 2010.

Fisker Automotives
Associated Press

Investment: $529 million
Permanent jobs estimate: 2,000
Recent status: -26
Number of projects: 2
Location: Irvine, Calif., Wilmington, Del.

Fisker, an electric car company, received a U.S. loan and then began assembling its cars in Finland. Fisker said at the time that U.S. money had stayed in the U.S. and was spent on engineering and design work. In February 2012, Fisker halted work on its second electric car and laid off 26 workers. An April 2012 story said the Fisker plant in Delaware was "absolutely empty." Two Senators have asked for an explanation of why the Obama administration approved the loan. Although $200 million of government money has already been given to the company, it is now reported Fisker may never build electric cars in the U.S.

* Fisker Automotive's Fisker Karma, a sports luxury plug-in hybrid car, is shown at the 2010 Los Angeles Auto Show Thursday, Nov. 18, 2010.

Tesla Motors
Associated Press

Investment: $465 million
Estimated jobs created/saved: 1,500
Number of projects: 2
Location: Fremont, Calif.

Tesla Motors, Inc., received a $465 million loan guarantee in order to manufacture electric drive trains and electric vehicles. A May 12 Bloomberg Businessweek story says that Tesla Motors Inc. is currently using the last of its $465 million in U.S. loans and plans to start repaying them by the end of the year. Tesla will begin delivering its Model S sedan to customers in June, MSNBC reports. Seeking Alpha contributor John Petersen calls Tesla "inefficiency wrapped in hype," saying Tesla is a rank startup with a long history of losses. The Wall Street Journal reports that the terms of Tesla's loans were amended and require the company to keep enough money set aside to make principal and interest payments on its government loan through June 15 of 2013.

* A Tesla salesman, left, talks with a customer about a Roadster at a Tesla showroom in Menlo Park, Calif., Tuesday, Sept. 16, 2008.

Abound Solar

Investment: $400 million
Permanent jobs estimate: 1,200
Temporary jobs estimate: 400
Recent status: -280 jobs, another -125 expected.
Locations: Longmont, Colo., Tipton, Ind.

Plans to build a 781,000-square-foot factory in Indiana were put on hold and 180 workers were laid off in March 2012. Abound's chief executive said the company plans to build in Tipton in the future, and the company is said to be refitting its manufacturing lines to make more efficient products. NewsOK reports that as of May 30, the company employs 125 people total. At the beginning of May, Abound Solar Inc.'s chief executive officer declined to testify before the House Oversight and Government Reform Committee. New documents show Abound removed a rooftop of solar panels from the investment headquarters of Pat Stryker, possibly because of product defects. Abound will file for bankruptcy.

Ormat Nevada, Inc.

Investment: Partial guarantee of $350 million
Permanent jobs estimate: 64
Temporary jobs estimate: 332
Location: Jersey Valley, McGinness Hills and Tuscarora, Nev.

According to Nevada Energy, the McGinnis Hills Geothermal Project is expected to generate 51 megawatts of energy and is in the development stage. On May 13, Jason Hidalgo reported that McGinness Hills should declare commercial operation soon. The Jersey Valley Geothermal Project is also in development, is expected to produce 51 megawatts and is scheduled to be operational by 2014. In 2010, Ormat acquired a stake in the Hot Sulphur Spring II geothermal site, which included the Tuscarora geothermal project. The project is expected to reach commercial operation in 2012. Nevada Geothermal Power, Inc., is being investigated on Capitol Hill

LS Power Associations (formerly known as SWIP-S)

Investment: $343 million
Permanent jobs estimate: 15
Temporary jobs estimate: 400
Location: Eastern Nevada

LS Power's Southwest Intertie Project would allow NV Energy to transmit renewable power from the state's rural areas to its cities, the Las Vegas Review-Journal reported in 2010. Chairman and CEO of LS Power Mike Segal said the building process would yield about 400 jobs, but the inter-tie would create thousands of indirect jobs. In February, NV Energy, Inc., announced the in-service date for the transmission line would be delayed by at least three months due to wind-related damage. The line was originally expected to be in service by Dec. 2012.


Investment: $197 million
Permanent jobs estimate: 450
Temporary jobs estimate: 270
Location: Portland, Ore.

Sustainable Business Oregon reported on May 23, 2012, that SoloPower raised an additional $7.1 million in financing from existing investors, what SoloPower CEO Tim Harris calls a "critical step" toward completing the Portland facility. The 400-megawatt manufacturing facility in Oregon will create CIGS-based flexible thin-film solar modules and has commercial production slated for later this year.

Granite Reliable wind generation
Associated Press

Investment: Partial guarantee of $168.9 million
Permanent jobs estimate: 6
Temporary jobs estimate: 198
Location: Coos, N.H.

Granite Reliable Power received unanimous approval from a state panel in 2009 to place 33 wind turbines along ridgelines in Coos County, N.H. The project was estimated to have a price tag of $275 million. While the government estimates suggest the project will create 6 permanent jobs and would create 198 construction jobs, a report from the University of New Hampshire suggested it would create 550 jobs within two years.

* The City of Traverse City installed a wind generator in June, 1995 on a hill west of the city.

1366 Technologies, Inc.

Investment: $150 million
Permanent jobs estimate: 70
Temporary jobs estimate: 50
Location: Lexington, Mass.

1366 hasn't been in the news much since the Energy Department guaranteed the company $150 million in loans, but a news release on MarketWatch reports that 1366 Technologies is expected to reach commercialization by 2013. 1366 has developed a low-cost process for producing silicon solar wafers, which are the building block of solar panels. The mission, the company said, is to make the cost of solar power competitive with coal power.

Abengoa Bioenergy Biomass of Kansas LLC
Associated Press

Investment: $132.4 million
Permanent jobs estimate: 65
Temporary jobs estimate: 300
Location: Hugoton, Kan.

Abengoa Bioenergy New Technologies recently agreed to pay Dyadic International for an expansion of rights under a 2009 license agreements. The new agreement provides Abengoa with the ability to produce, use and sell C1 enzymes in first and second generation biofuels and other bio-based processes. Abengoa, an international company, saw an 18 percent increase in revenues and a 58 percent jump in net income. The plant in Kansas is reportedly set to be finished in 2013.

* In this undated photo provided by the Noble Foundation, a close up of a switchgrass seed head is shown.

Kahuku Wind Power, LLC
Ravell Call, Deseret News

Investment: $117 million
Permanent jobs estimate: 10
Temporary jobs estimate: 200
Location: Koahuku Oahu, Hawaii

The 30-megawatt Kahuku Wind Farm is located on the island of Oahu and includes 12 turbines. A May 8, 2012, AOL Energy story examined the development of energy storage, citing the Kahuku wind project and challenges that accompany power storage in Hawaii. Kahuku Wind has partnered with Xtreme Power and HECO to install a 15 MW battery energy storage system.

* A First Wind project just north of Milford, Thursday, Sept. 29, 2011.

Record Hill Wind
Associated Press

Investment: $102 million
Permanent jobs estimate: 8
Temporary jobs estimate: 200
Location: Roxbury, Maine

The Record Hill Wind project was created in partnership with a Yale University endowment. The project consists of 22 turbines and has a capacity of 50.6MW. The company reports that 200 jobs were directly created by the project and 190 were supported indirectly. A March 2012 report from the Committee on Oversight and Government Reform stated that the Record Hill project obtained a loan that allowed large energy companies to undercapitalize projects and shift the risk to taxpayers. The report calls the project "the most egregious use of this technique," and also takes issue with the idea of an "innovative" project, indicating that the project was not innovative and should not have been touted as such.

* In this July 2009 file photo, blades rotate on a wind turbine on Maine's Stetson Mountain.

Nevada Geothermal Power Company, Inc.

Investment: Partial guarantee of $98.5 million
Permanent jobs estimate: 14
Temporary jobs estimate: 200
Location: Reno, Nev.

The New York Times first reported financial troubles for Nevada Geothermal Power in October 2011, when it reported that, "After a series of technical missteps that are draining Nevada Geothermal's cash reserves, its own auditor concluded in a filing released last week that there was 'significant doubt about the company's ability to continue as a going concern.'" A USA Today story from Oct. 2011 reported that the company's filing showed it had not made a profit in four years. The project was touted by Harry Reid in 2009, and is currently under investigation on Capitol Hill. The company's auditors have questioned whether NGP can stay in business.

U.S. Geothermal, Inc.

Investment: $97 million
Permanent jobs estimate: 10
Temporary jobs estimate: 150
Location: Malheur County, Oregon

A May 29, 2012 news release announced that U.S. Geothermal, Inc.'s construction contractor had provided a notice of mechanical completion for the first of three 7.3 net megawatt, air cooled power plant modules at the Neal Hot Springs project in Oregon. The total project is about 90 percent complete, the release said, with 65 percent of the U.S. Department of Energy loan already drawn down to fund construction. The 22-megawatt net power plant is expected to achieve full commercial operation late in the third quarter of 2012.

Cogentrix of Alamosa, LLC

Investment: $90.6 million
Permanent jobs estimate: 10
Temporary jobs estimate: 75
Location: Alamosa, Colo.

Cogentrix Energy's Alamosa plant in Colorado began commercial operation on May 10, 2012. According to a company news release, the project site is 225 acres and produces 30 megawatts of solar power for customers. On May 22, Amonix Inc., which provided the solar panels used in the project, announced plans to lay off 76 people in planning, R&D and other positions. The layoffs were to take place at Amonix's Seal Beach Calif., headquarters and its Torrance, Calif., facility. It is not clear, pevc.dowjones.com reports, whether or not the layoffs would impact the Colorado facility, since the panels have already been delivered and installed. Some 200 other workers were laid off by Amonix, Inc. in January. Amonix also closed its North Las Vegas solar plant in July.

The Vehicle Production Group, LLC
Associated Press

Investment: $50 million
Estimated jobs created/saved: 900
Number of projects: 1
Location: Mishawaka, Ind.

The Vehicle Production Group LLC received a $50 million loan to help with the development of a six-passenger MV-1, a wheelchair accessible vehicle that can run on natural gas. Production began in August 2011, and deliveries were expected to begin at the end of September 2011.

* The Vehicle Production Group LLC begins production of the MV-1, a vehicle designed from the ground up to be wheelchair accessible.

Beacon Power Corporation
Associated Press

Investment: $43 million
Permanent jobs estimate: 14
Temporary jobs estimate: 20
Location: Stephentown, N.Y.

In a January 2012 CBS report on Beacon Power, a green-energy storage company, shows that Standard and Poor's had given the project a bad outlook of CCC-plus, and economist Peter Morici called it a junk bond, but "not even a good junk bond." The company filed for bankruptcy in October 2011.

* Blue flywheel battery pits are seen at Beacon Power in Stephentown, N.Y., on Thursday, July 7, 2011.