All posts tagged "Solyndra"

  • Business
    Reid-Endorsed Green Energy Company Heading For Bankruptcy

    (Victor Joecks/NPRI) – Another reminder of why government shouldn’t try and pick the winners and losers in the economy. Despite receiving almost $100 million from taxpayers, Nevada Geothermal Power is going broke. A geothermal energy company with a $98.5 million loan guarantee from the Obama administration for an alternative energy project in...

  • Government
    Harry and Barry’s Taxpayer-funded Solar Energy Project Is Filled With Financial Landmines

    (Thomas Mitchell/4th St8) – If you thought Solyndra’s half a billion dollar loan guarantee from the Energy Department was risky business, wait till you read about the $1.6 billion DOE loan guarantee for a thermal solar project just across the border in California. The 392-megawatt Ivanpah Solar Electric Generating System, or Ivanpah,...

  • Business
    “Juice” Powered Solyndra

    (Geoffrey Lawrence/NPRI) – Some companies are in business to serve consumers. Others are in business to serve themselves. Such was the case of Solyndra — a newly bankrupt California-based firm in the ostensible business of manufacturing solar panels. Solyndra’s business model — like that of many “renewable”-energy-component manufacturers — doesn’t achieve success...

  • Opinion
    A Bad Business Plan Doesn’t Make You A Crook

    (Fred Weinberg/The Penny Press) – This is probably going to surprise my regular readers a bit, but I have a hard time getting too worked up over the bankruptcy of Solyndra and the Obama administration’s faux pas in pushing the Department of Energy to grant a half a billion dollar loan guarantee...

  • Government
    Congress Likely to Cram Down Solyndra Billionaire

    (John Ransom/Townhall.com) – Rources close to the Congressional investigation into the loans that the Obama administration made to bankrupt solar company Solyndra, say that Congress is likely to attempt to scuttle an agreement that the administration reached last February that allowed major investors to take precedent over US taxpayers in the liquidation...

  • Government
    Solyndra Bankruptcy: Obama Administration Knew About Debt Problems

    (John Ransom/Townhall.com) – Our Lawyer-in-Chief, the brilliant Harvard law professor, has recently put on a symposium for us on investment law. It should be titled “How not to invest when saving/creating jobs with taxpayer dollars.” Lawyer Obama apparently ignored a glowing, red legal flag when his administration decided to make what turns...