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Keyword: tonopahsolarenergy

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  • Lawmakers demand Bondi's DOJ investigate Biden's post-Election Day dismissal of green energy fraud lawsuit (only 5.97 years left)

    02/09/2025 12:23:00 AM PST · by Libloather · 9 replies
    Fox News ^ | 2/07/25 | Aubrie Spady
    EXCLUSIVE: Republican lawmakers are calling on the Trump administration to investigate President Biden's dismissal of a lawsuit claiming millions in fraud from a green energy project the day after the 2024 election. In 2011, President Barack Obama's Treasury Department granted Tonopah Solar Energy, LLC hundreds of millions of dollars for the construction of a green energy solar plant, the Crescent Dunes Solar Energy Project, in Nevada. However, the energy group was eventually sued by CMB Export, LLC for alleged fraud involving approximately $275 million of taxpayer dollars in a qui tam lawsuit, which is a case on behalf of the...
  • Trump Recovers Taxpayer Cash On A $1 Billion Obama-Backed Solar Plant That Was Obsolete Before Ever Going Online

    08/03/2020 7:11:25 AM PDT · by lowbridge · 26 replies
    Daily Caller ^ | July 30, 2020 | CHRIS WHITE
    The Department of Energy reached a settlement Thursday to recover $200 million in taxpayer funds from a loan the Obama administration distributed in 2011 to finance a $1 billion solar power plant that was deemed obsolete before it could officially go online. The settlement between DOE and Tonopah Solar Energy must now be approved by a bankruptcy court, the Las Vegas Review Journal reported. The DOE provided a $737 million loan to Tonopah in September 2011 for the purposes of financing the $1.1 billion Crescent Dunes Solar Energy Project in Nevada. The agency disbursed funds for the plant in 2011 and...