Bankrupt solar module manufacturer Abound Solar, recipient of a Department of Energy loan guarantee of $400 million, and the subject of an official investigation in its home state of Colorado, now faces additional scrutiny in the form of a document probe from the House Energy and Commerce Committee. The letter …
In a move that is sure to intensify the already testy exchanges between the White House and congressional investigators, the House Energy and Commerce Committee today released a series of emails showing that Obama donor and Solyndra investor George Kaiser explicitly mentioned the now-bankrupt solar company in talks with administration …
A top congressional investigator said on Tuesday that he believes more companies that benefitted from the stimulus bill’s renewable energy loan guarantee program will go bankrupt before all allotted funds are spent. The program, which guaranteed a $535 million loan to Solyndra before the company declared bankruptcy last week, still …