Solyndra

More bad news Abound 0
- December 14, 2011
With prices tanking along with sales, First Solar, the world’s largest manufacturer of thin-filmed solar panels, “slashed its profit and sales forecast today and said it will fire about 100 employees, most of them at a Santa Clara, California, research center, the Tempe, Arizona-based company said today in a filing,” Bloomberg reports. In addition, First Solar
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Is Colorado "addicted" to economic activity?0
- December 6, 2011
Part two of a series responding to a Denver Post guest column titled “Is Colorado addicted to oil?” from Gary Wockner of Clean Water Action. Gary Wockner’s editorial is long on conjecture and short on facts. It’s little more than 20 questions, which could be answered if Wockner bothered to do a modicum of research.
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Problems Abound?0
- November 29, 2011
Update: Eric Wesoff of GreenTechSolar corrected something we quoted him on regarding Abound Solar’s $400 million DOE loan guarantee. “Abound has drawn down much of its $400 million DOE loan guarantee only $70 million of its $400 million loan guarantee in order to fund its factory buildout.” Eric Wesoff of GreenTechSolar is curious about what is going
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NREL: Energy Sec Chu’s laughable statement on renewables 0
- November 21, 2011
Secretary of Energy Steven Chu toured the National Renewable Energy Laboratory (NREL) in Golden on Friday. Fresh from his Thursday testimony on the Solyndra scandal before the House Energy and Commerce Oversight and Investigations Subcommittee, Chu continued to touted the cost effectiveness of renewables despite millions of taxpayer dollars lost on failed investments. The NREL
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Goldman Sachs CO subsidiary gets $90.6 million taxpayer loan guarantee 0
- November 7, 2011
In the shadow of the Solyndra bankruptcy scandal, the embattled Department of Energy (DOE) Loan Guarantee Program announced on September 9, a $90.6 million loan guarantee to Cogentrix Energy of Alamosa for a solar energy project. A Cogentrix press release reported: The loan guarantee will support the Alamosa Solar Generating Project, a 30 megawatt (MW)
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Solyndra: Is an apology too much to ask?0
- September 21, 2011
Please send out an APB for common decency because it’s gone, along with the $535 million in taxpayer-guaranteed money that the Obama administration wagered on the California-based solar start-up Solyndra. The high-priced, pet green project – the centerpiece of the president’s green jobs initiative – went belly up, and the F.B.I. raided the homes of
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