Three solar companies are under investigation for potentially inflating costs in order to draw down more money from a stimulus-funded loan program. All three boast investors with significant ties to the Obama White House. The Treasury Department has subpoenaed Solar City, SunRun, and Sungevity, The Washington Post reports, seeking to …
The Treasury Department’s top watchdog has opened an investigation into a popular grant program that helped finance a host of green energy projects, according to a recent SEC filing by one of the companies under investigation. SolarCity Corp. revealed in its initial public offer (IPO) filing that it has been subpoenaed by …
