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Author Topic: Bankrupt solar firm, DOE facing scrutiny over panel problems  (Read 1003 times)

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Offline Chris_

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Bankrupt solar firm, DOE facing scrutiny over panel problems
« on: October 11, 2012, 04:36:11 PM »
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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.

Lawmakers are now questioning whether the administration might have known about serious problems with the company's solar panels before it was guaranteed the loan in December 2010 under the stimulus program.
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Offline thundley4

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Re: Bankrupt solar firm, DOE facing scrutiny over panel problems
« Reply #1 on: October 11, 2012, 04:37:39 PM »
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Offline Wineslob

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Re: Bankrupt solar firm, DOE facing scrutiny over panel problems
« Reply #2 on: October 11, 2012, 05:21:09 PM »
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Lawmakers are now questioning whether the administration might have known about serious problems with the company's solar panels before it was guaranteed the loan in December 2010 under the stimulus program.


What, trying to SELL them?   :hammer:
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