Green Energy
US Gov't approves 4 more solar energy loan guarantees worth nearly $5B on Friday
From Will at The Other News:
scam story here.
- Solyndra E-mails: Dept. Of Energy Was Poised To Approve ***second*** $469 Million For Solyndra
WaPoThe Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.The Energy Department was actively pushing to...
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Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan From Will at The Other News:It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve....
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Did Solyndra Actually Get a Second Loan of $469 Million, Bringing the Full Loan Package To Over A Billion?From Ace:This is unclear. The great @williamamos highlighted the fact that Solyndra did indeed apply for a second big loan guarantee, noting this...
- The Bankruptcy Of Obama's "green Economy"
From Will at The Other News: Congressional Investigator: More Solar Bankruptcies to Come.(Heritage).A top congressional investigator said on Tuesday that he believes more companies that benefitted from the stimulus bill’s renewable energy loan guarantee...
- Warren Buffett Is Getting Into The Solar Business
Warren Buffett is getting into the solar business by buying one of the world’s largest solar PV plants – the $2 billion Topaz project under development in southern California. Buffet’s utility, MidAmerican Energy Holdings, is making the acquisition...
Green Energy
US Gov't approves 4 more solar energy loan guarantees worth nearly $5B on Friday
From Will at The Other News:
The U.S. Energy Department approved four more solar energy loan guarantees worth nearly $5 billion on Friday just hours before a controversial loan program was set to expire.Meanwhile, the Justice Department moved to take away control of a failed solar panel maker from its management and transfer it to a court-appointed trustee.Read the full
Energy Secretary Steven Chu said the department completed deals on four projects, including two that were sold late this week by Arizona-based First Solar Inc., a major solar manufacturer that had been seeking three federal loan guarantees for projects in California. The sales were announced Friday along with the loan guarantees.
The loans were approved under the same program that paid for a $528 million loan to Solyndra LLC, a now-bankrupt solar panel maker that has become a symbol for critics of the Barack Obama administration’s green energy program.
Two other solar loan guarantees worth about $1.1 billion were announced earlier this week, as the Obama administration pushed forward with the loan program despite pleas from Republican critics to halt it to avoid another Solyndra-like debacle
- Solyndra E-mails: Dept. Of Energy Was Poised To Approve ***second*** $469 Million For Solyndra
WaPoThe Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.The Energy Department was actively pushing to...
-
Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan From Will at The Other News:It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve....
-
Did Solyndra Actually Get a Second Loan of $469 Million, Bringing the Full Loan Package To Over A Billion?From Ace:This is unclear. The great @williamamos highlighted the fact that Solyndra did indeed apply for a second big loan guarantee, noting this...
- The Bankruptcy Of Obama's "green Economy"
From Will at The Other News: Congressional Investigator: More Solar Bankruptcies to Come.(Heritage).A top congressional investigator said on Tuesday that he believes more companies that benefitted from the stimulus bill’s renewable energy loan guarantee...
- Warren Buffett Is Getting Into The Solar Business
Warren Buffett is getting into the solar business by buying one of the world’s largest solar PV plants – the $2 billion Topaz project under development in southern California. Buffet’s utility, MidAmerican Energy Holdings, is making the acquisition...