Obama’s Energy Department Approves Two More Solyndra-Like Loans
Meet the next two Solyndra-like Obama loan scandals that are sure to be in the news in the very new future.
The Obama administration’s Energy Department has just approved two more government-backed loan guarantees, worth more than $1 billion, for two more solar energy companies, similar to the loan they gave Solyndra.
- Tonopah Solar – $737 million gov loan
- Mesquite Solar – $337 million gov loan
Soon, we will also be learning about what friends and supporters of Obama’s are involved with the companies, and how much the companies have donated to Obama.
…The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration’s green energy program.
Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev., and a $337 million guarantee for Mesquite Solar 1 to
...Continue Reading Obama’s Energy Department Approves Two More Solyndra-Like Loans