Solyndra Articles


Another Solar Company with $1.2 Billion Taxpayer Loan in Trouble?

11:00 AM, Oct 12, 2011

Will it turn out worse than Solyndra?:

As failed solar panel manufacturer Solyndra rides through the investigative ringer in Congress, revelations of another politically-connected company that received what appears to be a less-than-virtuous $1.2 billion loan guarantee are surfacing.

The company, SunPower, received its $1.2 billion loan guarantee in September, immediately before the program’s deadline.

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Solyndracracy

Oct 10, 2011

In happier times, the firm had been celebrated as a harbinger of the future. The political connections it enjoyed were the fruit not only of well-placed contributions but of a self-imposed ideological mission: It was going to deliver cheap energy in amazing ways. Top executives had dismissed accounting irregularities. The normal rules, it was said, did not apply.

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Happy Hour: Faster Than the Speed of Light and Furious

6:00 PM, Oct 07, 2011

 

The Solyndra scandal keeps getting worse.

Eric Holder fires back against GOP accusations about the administration's other scandal.

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Happy Hour: Full Of Sound and Fury, Signifying Nothing

6:00 PM, Oct 06, 2011

Department of Energy loan program director resigns.

Obama still unpopular, still leading in North Carolina.

Romney campaign embraces subtlety in criticizing Rick Perry's economic plan.

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President Solyndra

And his mean green wealth-wasting machine.
Oct 03, 2011

The spectacular collapse of Solyndra has all of the trappings of an epic Washington scandal, with serial revelations of embarrassing and potentially improper White House machinations to secure a $535 million federal loan guarantee for a startup company with dubious prospects of success. The sudden bankruptcy of the Fremont, California, manufacturer of solar panels​—​after it was feted as a model creator of “green jobs” by President Obama and Vice President Biden​—​has already featured FBI raids, contentious congressional hearings, and demands for a special prosecutor to investigate.

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Special Report Panel on Solyndra

7:36 AM, Sep 30, 2011

Steve Hayes, with A. B. Stoddard and Charles Krauthammer, last night on Fox News:

Watch the latest video at video.foxnews.com

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Happy Hour: Nein! Nein! Nein!

6:00 PM, Sep 29, 2011

iWatchNews: Solyndra and "Bundlers on the inside"

Kevin Williamson: Herman Cain and "Nein! Nein! Nein!"

Jonathan Last: "So the RomneyBot is going to address the flip-flopping charge. By flip-flopping."

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Energy Department Approves Two New Solar Power Loans

2:37 PM, Sep 28, 2011

The Wall Street Journal reports today that the Department of Energy has approved loan guarantees for two solar energy projects:

One deal, a $737 million loan guarantee for Solar Reserve LLC, paves the way for construction of the 110-megawatt Crescent Dunes Solar Energy facility, which will use an array of mirrors to focus the sun's heat and power a steam generator.

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Report: Concerns About Solyndra Loan Program Were Raised Directly to Obama

7:38 AM, Sep 27, 2011

Despite the repeated attempts to wish away the Solyndra scandal, it appears to be getting bigger. Today, the Los Angeles Times informs us key White House personnel raised concerns the Department of Energy loan program that gave Solyndra $535 million was poorly conceived and managed long before the solar panel manufacturer's bankruptcy:

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Solyndra Nation

Sep 26, 2011

To find a metaphor for the failed Obama presidency, look no further than Solyndra. Before it went bankrupt, the solar panel manufacturer was more than the recipient of a $535 million loan guarantee from the federal government. It was the model for the White House effort to put the American economy on a “new foundation.”

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Solar Decathlon's Rainy Start

2:08 PM, Sep 23, 2011

The Department of Energy's Solar Decathlon kicked off today in Washington on the National Mall, under inauspiciously dark rainy skies.

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Solyndra Execs Take the Fifth

3:54 PM, Sep 20, 2011

Sometimes in politics appearing guilty can have more consequences that actually being guilty (though the two frequently are related). And this latest development in the Solyndra scandal certainly looks bad:

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Solyndra and Its Defenders

The more green energy advocates either ignore or defend what happened with Solyndra, the worse they look.
2:35 PM, Sep 19, 2011

Over at Reason, Tim Cavanaugh observes that the few defenses being mounted for loaning failed solar company Solyndra $535 million in stimulus funds are really, really wanting.

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The Center for American Cronyism—and Saudi Progress?

12:08 PM, Sep 19, 2011

The Los Angeles Times opened up a new front in the Solyndra scandal on Friday (and there are too many fronts to count at this point), reporting that Steve Spinner, another prominent Obama donor, served as a top official in the Energy Department program that made the half-billion dollar loan to the now bankrupt solar panel maker. In Spinner's defense, he did recuse himself from the decision to grant the loan—because his wife works at a law firm that represented Solyndra.

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Happy Hour: Smells Like Solyndra

6:00 PM, Sep 16, 2011

Jon Stewart skewers the Obama administration on Solyndra.

Was Solyndra actually looking at getting another loan from the federal government?

Vince Vaughn is a Ron Paul fan

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The Porkbarrel Bowl

12:28 PM, Sep 15, 2011

We may be witnessing a perfect Washington moment. For most of the workweek, attention has been focused on the collapse of a solar energy company that had received economically dubious–and politically motivated–subsidies of some $500 million. On Sunday, the city’s football franchise, the Redskins, will play a game the organization is calling the “Solar Bowl.”

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WaPo: Obama's Green Energy Loan Program a Bust

Five percent of jobs promised have been created.
11:58 AM, Sep 15, 2011

The Washington Post reports that the stimulus-backed Department of Energy loan guarantee program, which financed green energy companies like the failed solar energy start-up Solyndra and three projects for the Abengoa corporation, has created far fewer jobs than the Obama administration projected:

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New White House Strategy for Solyndra Debacle — Blame Bush

8:11 PM, Sep 14, 2011

The Obama administration is now pushing a rather dubious defense for handing out $535 million in stimulus funds to the now-bankrupt solar panel manufacturer Solyndra. They're blaming Bush:

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Spanish Energy Firm Gets Billions in Loans from Feds

4:43 PM, Sep 14, 2011

Even as problems grow for Solyndra, the solar energy manufacturing firm that got a hefty stimulus-backed loan before going bankrupt earlier this month, the Department of Energy continues to issue large loans to companies.

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White House Pressured OMB, Ignored Energy Dept. Concerns to Approve Solyndra Loan

8:37 PM, Sep 13, 2011

Two big stories are out tonight on the blossoming scandal involving failed solar panel company and stimulus funds recipient Solyndra. First, the Washington Post reports that the White House pressured the Office of Management and Budget (OMB) to speed up the approval process for Solyndra's $535 million loan:

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White House Video Touted Solyndra as a Stimulus Success Story

8:43 AM, Sep 10, 2011

Well, this is awkward. Despite $535 million in government loans and the White House touting Solyndra as an example of how the $800 billion stimulus bill was helping create jobs, everyone in the following video is now unemployed:

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Palin Assails 'Crony Capitalism'

A 2012 theme for the GOP?
12:33 PM, Sep 06, 2011

In her speech to a Tea Party gathering in Indianola, Iowa on Saturday, Sarah Palin criticized what she called "crony capitalism:" 

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Uh Oh: House Investigating Bankrupt Green Jobs Company With Obama Admin Ties

2:15 PM, Sep 02, 2011

And the hits just keep on coming. This is not the kind of news that is going to help the Obama administration in the midst of a jobs crisis:

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