WASHINGTON (Reuters) - Republican lawmakers alleged on Friday that the Energy Department used a loan guarantee to a massive rooftop solar project as part of a last-ditch effort to bail out Solyndra, a solar panel maker that later failed.
Reuters via Reuters
2012-02-17 17:26:25
In addition, Democrats proposed the creation of a statewide Property Assessed Clean Energy, or PACE, program, to make loans available to homeowners for renewable energy infrastructure projects. Continued...
Middletown Press via Google News
2012-02-15 22:42:09
WASHINGTON (Reuters) - Republicans in the House of Representatives on Wednesday threatened to subpoena five White House aides in their investigation of Solyndra LLC, the failed solar panel maker that received more than $500 million in federal loan guarantees.
Reuters via Reuters
2012-02-15 17:28:39
The proposal includes $38 million to administer a stimulus-law program that provides loans and loan guarantees for renewable energy companies such as now-bankrupt Solyndra Inc. The law expired last year, and no new money was requested for additional ...
Associated Press via Google News
2012-02-14 02:14:00
The government could lose nearly $3 billion on Energy Department loans for green energy programs -- far less than the $10 billion Congress set aside for the high-risk program, according to an independent review.
Yahoo! News via Yahoo! News
2012-02-13 10:03:07
White House spokesman Eric Schultz said the purpose of the program was to spark investment in alternative and renewable energy programs that otherwise would not qualify for a private loan. The finding about subsidies "simply means that a private bank ...
The Columbian via Google News
2012-02-11 08:05:12
In 2011 the United States invested more in renewable energy than any other country in the world, helping us capture our share of this trillion-dollar opportunity. While the Loan Guarantee Program has undoubtedly been cost effective for taxpayers, ...
electroiq.com via Google News
2012-02-11 07:28:30
The government could lose nearly $3 billion on the loans — far less than the $10 billion Congress set aside for the high-risk program, according to an independent review. The White House ordered the report after criticism of a loan to Solyndra Inc., a solar company that went bankrupt.
Yahoo! News via Yahoo! News
2012-02-11 02:24:08
WASHINGTON -- The Department of Energy's loan guarantee program for alternative energy projects, which produced the ill-fated loan to the solar panel maker Solyndra, needs more rigorous financial oversight and stricter performance standards for recipients to reduce the chance of future defaults, according to an audit conducted by the White House and released Friday
Yahoo! News via Yahoo! News
2012-02-10 23:16:27
NRG Energy and its partner SunPower Corp. are still waiting for capital to be issued under their $1.19 billion loan for a solar power plant, according to government data. SunPower referred questions to NRG, which wasn't available to comment.
Wall Street Journal via Google News
2012-02-10 21:42:42
It said that seven solar power generation projects would benefit from lower solar panel prices while three manufacturers would be hurt by lower prices. Five loans were given for advanced vehicle technology to companies such as Ford and Nissan and were ...
Washington Post (blog) via Google News
2012-02-10 20:16:22
The government of the province of Québec has announced a CAD27 mln ($1=CAD1.00) loan to a local cellulosic ethanol project. Canada's ethanol major GreenField Ethanol in cooperation with cellulosic ethanol company Enerkem plans to build a 38 mln litre ...
Information service reporting on european and international agricultural policy via Google News
2012-02-08 01:04:33
Maybank Group has announced details of a US$330.6M loan for Indonesian power producer PT Bajradaya Sentranusa (BDSN) that will be used to take over the entire existing project loans for construction of the 2x90MW Asahan 1 hydroelectric plant in North ...
International Water Power and Dam Construction via Google News
2012-01-30 06:39:08
Malayan Banking Bhd (1155.KU) said Monday it has arranged a $330.6 million term loan for power producer PT Bajradaya Sentranusa of Indonesia.
Yahoo! News via Yahoo! News
2012-01-30 04:35:23