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$1 Billion in U.S. Loan Guarantees to 2 Solar Projects

$1 Billion in U.S. Loan Guarantees to 2 Solar Projects

The Energy Department plans to give $156 million in grants on Thursday after it has been under scrutiny for arranging $528 million in loans to Solyndra, a company that went bankrupt.

 

In Rush to Assist Solyndra, U.S. Missed Warning Signs

Industry analysts and government auditors say the administration failed to take note of trouble already evident in the solar energy marketplace.

 

House probing $528M loan to failed solar company

House probing $528M loan to failed solar company

Leaders of a House subcommittee want to make the Obama administration answer for putting taxpayers on the hook for a half-billion-dollar loan to a now-bankrupt solar panel manufacturer. A hearing Wednesday will examine what went wrong ...

 

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