DOE CLEAN-ENERGY PROGRAM wraps up amid concerns – POLITICO.com
By MB Snow at September 30, 2011 | 11:25 am | Print
It should have been a celebratory milestone for the Energy Department: On Friday, DOE caps off more than two years of shepherding a new generation of job-creating clean energy projects during an economic downturn that had dried up private capital.
Instead, the agency finds itself tarred by the collapse of a single company.
The failure of solar manufacturer Solyndra, and revelations about DOE’s decision to award the company a $535 million loan guarantee, have lawmakers worrying that the department may have rushed the approval of billions of dollars in additional guarantees to companies that might become the next to flop.
via DOE clean-energy program wraps up amid concerns – Darius Dixon – POLITICO.com.