Free Republic 4th Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,835
25%  
Woo hoo!! And we're now over 25%!! Thank you all very much!! God bless.

Keyword: solarbankruptcy

Brevity: Headers | « Text »
  • Another DOE-backed solar panel company collapses

    06/28/2012 11:25:02 AM PDT · by Oldeconomybuyer · 8 replies
    The Hill ^ | June 28, 2012 | By Ben Geman
    Abound Solar, a company that won a $400 million Energy Department (DOE) loan guarantee in 2010 to manufacture advanced solar panels, is closing and filing for bankruptcy, according to DOE. Abound’s collapse follows last year’s demise of the solar company Solyndra and is sure to feed Republican attacks on White House green energy programs despite support for Abound’s loan from several GOP lawmakers ahead of its approval. The Colorado-based Abound had drawn $70 million of the loan, according to DOE. Abound will close its doors and file for bankruptcy next week, the department said.