Sunday, April 8, 2012

Energy Department Prepares to Approve More Green Loans

Energy Department prepares to approve more green loans

By Andrew Restuccia - 04/05/12

The Energy Department said Thursday it expects to begin tentatively approving new taxpayer-backed loans for renewable energy projects in the coming months.

The announcement comes about seven months after Solyndra, the California solar firm that received a $535 million loan guarantee from the administration in 2009, went bankrupt, setting off a firestorm in Washington.


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