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Keyword: solarstrong

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  • SolarCity latest to see loan loss post Solyndra

    09/23/2011 5:16:06 PM PDT · by mdittmar · 3 replies · 1+ views
    Reuters ^ | Sep 23, 2011 | Nichola Groom and Timothy Gardner
    Solar panel installer SolarCity said on Friday it was the second company in as many days that will not get finalization of U.S. government loan aid by a September 30 deadline. The Department of Energy informed SolarCity of its inability to close the loan 48 hours ago, blaming increased paperwork resulting from a Congressional investigation into the Department of Energy's $535 million loan guarantee awarded to bankrupt solar company Solyndra, SolarCity said in a letter to the Republican lawmakers heading the probe.The DOE loan guarantee program, which is under fire for missing signs its first recipient of loan aid, Solyndra,...