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Keyword: solarcompany

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  • Biden Admin Sent Billions in Tax Dollars to Fraudulent Solar Company

    12/08/2023 9:19:53 AM PST · by Red Badger · 63 replies
    SLAY News ^ | December 8, 2023 - 11:54 am | Frank Bergman
    An investigation has been launched into the U.S. Department of Energy (DOE) after Democrat President Joe Biden’s administration was found to have sent billions of dollars in taxpayers’ money to a fraudulent solar company. Biden’s DOE recently gave a $3 billion award to a solar energy company that has been accused of scamming vulnerable customers. Republican leaders in the House and Senate are probing the DOE over the move. The investigations are being led by House Energy and Commerce Chair Cathy McMorris Rodgers (R-WA) and Senate Energy and Natural Resources Ranking Member John Barrasso (R-WY). In a letter to DOE...
  • Solar co. nets $150M loan despite crash of Evergreen, Solyndra

    09/10/2011 3:16:53 PM PDT · by NoLibZone · 13 replies
    bostonherald.com ^ | Sept 9 2011 | By Greg Turner
    Bay State start-up 1366 Technologies Inc. has steered clear of the dark clouds shrouding the nation’s solar industry. The Lexington company yesterday finalized a $150 million loan guarantee from the U.S. Department of Energy — the same day FBI agents raided bankrupt Solyndra, a DOE-backed California solar panel maker that’s become a symbol of “green” government investment gone wrong. “There are a lot of taxpayer protections in here,” 1366 spokesman Craig Lund said. “If we deliver on certain milestones then we’ve got certainty of funding, and on the flip side I think the government has very strong conditions in there.”...