556 days ago.
Just days after an investigation was launched into failed solar manufacturer Solyndra, a Department of Energy (DOE) loan guarantee recipient—the DOE announced a flurry of funding measures for new solar, offshore wind, and geothermal projects. The new projects will help achieve President Obama’s goal of generating 80% of U.S. power from clean energy within the next 25 years, the DOE said. -A $1.2B Loan for a California CSP Project -A $150M Loan Guarantee for a Multicrystalline Solar Wafer Maker -A $90.5M Loan Guarantee for HCPV Facility in Colorado -DOE to Fund 41 Offshore Wind Energy Projects for Faster Deployment, $43 M -A $38M Award for Geothermal Projects Why weren't these projects funded as part of the first Stimulas Package? Do we really have this much money to spend on these kinds of things at this time, maybe in the future, but now?