Solyndra Articles


Some Compelling Evidence that 'Green Energy' is All About Crony Capitalism

12:48 PM, Dec 18, 2014

Buried in the avalanche of Cuba and North Korea news was this revealing tidbit about the Obama administration's environmental priorities

The Obama administration will set duties on solar products from China and Taiwan that combined could exceed more than 200 percent, adding fuel to a renewable-energy clash between the U.S. and China.  

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Picking Losers

8:49 AM, Mar 28, 2013

First there was Solyndra.  The company was going to deliver cutting edge solar technology.  It didn't happen and the company is now defunct after running through half a billion or so of government money.

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Goodbye to Mr. Chu

11:17 AM, Feb 05, 2013

Secretary of Energy Steven Chu is leaving and in parting, writes this about his time in office and the green energy investments his department made:

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The Mother of All Solyndras

China’s solar power debacle.
Jan 21, 2013

When solar panel maker Solyndra declared bankruptcy in September 2011, the Obama administration defended its $535 million loan guarantee to the company by touting the need to compete with China. At a congressional hearing, Jonathan Silver, then executive director of the Energy Department’s Loan Programs Office, said, “[In 2010, China] alone provided more than $30 billion in credit to the country’s largest solar manufacturers through the government-controlled China Development Bank. That’s roughly 20 times larger than America’s investment in the same time period.”

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Obama Collects Campaign Cash from Key Solyndra Figures

5:31 AM, Jul 24, 2012

President Obama, who is in California for campaign events, fundraised from key Solyndra figures last night. Via the pool report: 

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Obama Spokesman on Solyndra: 'Widely Praised as Successful and Innovative'

9:01 AM, Jul 18, 2012

Lis Smith, a spokesman for President Barack Obama's reelection campaign, touted Solyndra by saying the failed energy company that received federally backed loans has been "widely praised as successful and innovative."

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Romney's Latest Web Ad Targets DOE Loan Guarantees, Crony Capitalism

6:09 AM, May 29, 2012

Mitt Romney's latest web ad targets President Obama's inability to create jobs, the failures of the Department of Energy's loan guarantee program, and "contracts steered to ‘friends & family.'" Watch here:

Here's the script:

 

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Energy Secretary Reviews Avengers on Facebook, Sees Promise of Green Energy in Hollywood Movie

Chu thumbs up!
1:31 PM, May 18, 2012

Secretary of Energy Steven Chu, a recipient of the Nobel Prize for Physics, takes to Facebook today to review the Avengers, a movie about a bunch of superheroes banding together to save the world, “which focuses on a new, limitless clean energy source called ‘The Tesseract,’” according to Chu.

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Obama Team Scrubs Solyndra from Latest Campaign Ad

12:06 PM, May 01, 2012

President Obama's reelection team released a campaign ad this morning that features this graphic, touting the supposed "jobs created by President Obama's clean energy initiatives."

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Solyndra Building for Sale!

Every picture tells a story.
8:16 PM, Apr 19, 2012

The 411,618 square foot Solyndra building in Fremont, California has been put on the market:

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Congressman Grills Energy Secretary

2:43 PM, Mar 21, 2012

President Obama's secretary of energy, Steven Chu, is a smart guy. But in these two clips, from a hearing on the Hill yesterday, Rep. Jim Jordan seems to get the better of the cabinet member:

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Solyndra Caught Destroying Millions in Assets

3:16 PM, Jan 21, 2012

Solyndra, the bankrupt solar panel firm at the center of the Obama administration's green energy loan program scandal, still owes U.S. taxpayers hundreds of millions of dollars. So why is it destroying millions of dollars in saleable assets? CBS San Francisco reports:

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Happy Hour: Romney Going After Gingrich?

7:00 PM, Dec 01, 2011

Politico: "Romney preps Gingrich attack"

National Journal: "Here's a telling sign of how much President Obama's fortunes have changed since 2008 -- a leading Democratic Congressional recruit is now attacking a Republican congressman for supporting the president."

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New York Times on Solyndra: This Scandal Makes Republicans Look Bad, Right?

12:43 PM, Nov 25, 2011

Thankfully, most Americans were probably too busy with the holiday to read the preposterous editorial yesterday in the New York Times. The Grey Lady examined the Solyndra scandal and concluded Republicans are really off base for having the temerity to complain about throwing taxpayer dollars down a rathole in the name of enriching big Democratic donors:

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Special Report Panel on Fannie, Freddie, and Solyndra

8:08 AM, Nov 17, 2011

Bill Kristol, with Juan Williams and Charles Krauthammer, last night on Fox News:

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Obama Admin. Pushed Solyndra Layoff Announcement Until After Election

12:06 PM, Nov 15, 2011

The Washington Post reports on newly released emails that reveal "the Obama administration urged officers of the struggling solar company Solyndra to postpone announcing planned layoffs until after the November 2010 midterm elections"

 

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Wall Street Firm Behind Solyndra Bailout Major Donor to Obama, Democrats

11:27 AM, Nov 04, 2011

Earlier this week it was reported that the White House considered a last-minute taxpayer bailout of Solyndra, the failed solar panel maker that received a $529 million loan guarantee. One of the more interesting aspects of that deal—which would have had taxpayers purchasing as much as 40 percent of the company—was that it was allegedly recommended by Wall Street firm Lazard Ltd. According to the Associated Press:

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House Solyndra Panel Subpoenas White House Docs

11:14 AM, Nov 03, 2011

Politico reports:

A House panel investigating Solyndra voted Thursday to subpoena internal White House documents on the failed California solar company.

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Obama, Dems Received Contributions From Failed Power Company

3:50 PM, Oct 31, 2011

Beacon Power Corporation, which filed for bankruptcy late last week, was the recipient of a $43 million loan guarantee from the Energy Department. Campaign contribution information from Open Secrets shows that Beacon Power's CEO F. William Capp donated to both Barack Obama and two Massachusetts Democrats..

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Yet Another Energy Company with Taxpayer Loan Goes Bankrupt

11:02 AM, Oct 31, 2011

Well, now we know the reason for the Friday night news dump. When the Obama administration finally announced that they would be launching an independent review of Department of Energy loan guarantees, they were likely trying to get out ahead of this:

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The Solyndra Stonewall

Oct 31, 2011

About 24 hours after he recited the oath of office, Barack Obama addressed senior executive branch officials and cabinet secretaries at the Eisenhower Executive Office Building. The new president promised that his administration would bring a new openness to Washington, with strict ethics requirements and a presumption in favor of public disclosure of, well, almost everything.

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