Tag Archives: loan guarantee

The world’s largest solar power project, recipient of the second largest ever Department of Energy loan guarantee, has filed for bankruptcy.

Another wise investment of the Obama administration: The world’s largest solar power project, recipient of the second largest ever Department of Energy loan guarantee, has filed for bankruptcy.

Update and correction: It turns out that the company was offered the DOE loan guarantee, but turned it down. Read this second article. The facts it describe make the decisions of the Obama administration seem beyond foolish.

Energy Department approves $737 million solar loan guarantee

More money wasted? The Energy Department has approved another solar power company loan guarantee, this for $737 million.

I’m not sure this project will go belly-up, as Solyndra did. I just find it questionable for this to be approved at this moment.