Tuesday, September 27, 2011

SolarCity: DOE Loan in Jeopardy Because of Solyndra Investigation | Renewable Energy News Article

"Project SolarStrong’s structuring and its review by the DOE has required the efforts of more than 100 people, thousands of hours of work, and more than $3 million of investment by our company and our financing partners over the last eleven months. Halting the project will mean sacrificing more than $1 billion of private investment into economically hard-hit military communities throughout the United States.
It would also mean the loss of jobs we believe the project would create, many of which would have gone to veterans and the family members of our active duty military servicemen and women. We believe that the valuable work done to move the SolarStrong project to completion should not be lost because of the Solyndra bankruptcy."

As long as the BIG cheese and the cheese eaters make honesty and forthright disclosure a second thought, the decisions made by the present administration appear to be costing more jobs than they make. Even in their favored green industries.


SolarCity: DOE Loan in Jeopardy Because of Solyndra Investigation | Renewable Energy News Article