Image via Wikipedia
Yesterday the Associated Press reported that the Energy Department has approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona. These loans were approved under the same program that granted the Solyndra loans–a program that is scheduled to expire on September 30.
The article reports:
Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev., and a $337 million guarantee for Mesquite Solar 1 to develop a 150 megawatt solar plant near Phoenix.
Fox News reports:
The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partner with SolarReserve. Nancy Pelosi’s brother-in-law happens to be the number two man at PCG.
It gets worse. The Washington Examiner reports:
Despite the Solyndra failure, the Department of Energy continues to provide loan guarantees to solar companies, today giving Tonopah Solar a $737 million loan guarantee for a project in Nevada. Mitchell (Steve Mitchell) serves as a “board participant” for Solar Reserve, the parent company to Tonopah Solar, and his Solar Reserve biography says that he “currently sits on the Boards of Directors of . . . Solyndra” and several other companies. Argonaut, Mitchell’s primary employer, owns 3% of Solar Reserve, according to reports.
The Mitchell connection to Solar Reserve brings George Kaiser into the spotlight with respect to this latest loan guarantee. Kaiser owns Argonaut and thus invested in both Solyndra and Solar Reserve. He also bundled over $50,000 into President Obama’s campaign.
I really hate the idea of another Congressional investigation, but I think we need one on the money the government is giving to ‘green energy’ and who has received the money.
The money given out this week was the last of the money from a renewable energy loan program approved under the 2009 economic stimulus. It seems to me that the money would have been better spent in other areas. This really does look like ‘pay to play’ on the part of the Obama administration.
I do believe this is certainly among the most significant information in my opinion. And im glad reading your article. But want to remark on some general things, It style is wonderful, the articles is actually excellent : D. Good job, cheers
Hi there, I just hopped over to your website online by means of StumbleUpon. No longer one thing I would usually learn, but I preferred your feelings none the less. Thanks for making one thing price reading.
This can be a remarkably amazing powerful resource that you’re offering and you just provide it away cost-free!! I comparable to discovering websites which understand the particular valuation on delivering fantastic learning resource for zero cost. We truly dearly loved examining this blog. Regards!
I picture this may well be various upon the written content material? however I still believe that it usually is suitable for nearly any form of matter subject material, as a result of it might incessantly be pleasing to resolve a heat and pleasant face or possibly listen a voice while initial landing.
Basically great read!
Hey there. I’ve bookmarkd this artecle so I can read it later. I aplogize if this looks noobish but I was hoping someone could teach me how to make this blog to my windows dekstop. Anyway, ty agen!!
I am aware you, man, lol
Woah this is just an insane amount of information, must of taken ages to compile so thank you so much for just sharing it with all of us. If your ever in any need of related information, perhaps a bit of coaching, seduction techniques or just general tips, just check out my own site!
I like that website, so many instances I visit sites and theyre only brimming with spam. However, your websites are prime quality
I frequently read your site admin try to discover it quite fascinating. Thought it was time i show you , Sustain the truly fantastic work
Do you know your website is recommended by a number of other blogs? Nice stuff. Thank you very much!
Basically excellent post. I added one to digg. Keep inside the work.
I dont think Ive caught all the angles of this subject the way youve pointed them out. Youre a true star, a rock star man. Youve got so much to say and know so much about the subject that I think you should just teach a class about it
You have written a quite thought-provoking article. Your content speaks to me and I share inside your views. Many writers do not compose authentic material, but you have really done a terrific job with this information.
Simply a smiling visitor here to share the love (:, btw great layout. “Reading well is one of the great pleasures that solitude can afford you.” by Harold Bloom.
Appreciate it for helping out, great information.
I just want to mention I am just new to weblog and actually enjoyed this blog. Probably I’m planning to bookmark your blog . You definitely come with superb posts. Kudos for revealing your website.
wonderful points altogether, you simply gained a brand new reader. What could you recommend about your put up that you simply made some days in the past? Any positive?
Aw, this was a really nice post. In thought I want to put in writing like this additionally – taking time and precise effort to make an excellent article… but what can I say… I procrastinate alot and not at all appear to get something done.