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Thursday, October 11, 2012

DOE Green Energy Abounds with Failure...The next Solyndra!

Solyndra, the sequel? Bankrupt solar firm, DOE facing scrutiny over panel problems

     House Republicans are pressing the Obama administration for more information about a solar-panel company that received a $400 million loan guarantee, then went bankrupt and is now the focus of a criminal investigation. 
The committee pursuing documents on Colorado-based Abound Solar is the same that investigated the half-billion taxpayer loan to Solyndra, whose bankruptcy rocked the Obama administration. Two more Department of Energy-backed companies have since filed for bankruptcy, with Abound Solar being the latest. 

     More from the land of green energy wishful thinkers known as the Obama administration.