Obama Gives $737 Million to Solar Firm Linked to Pelosi

[I AM NOT THAT GUY 5,715]

Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan

It’s as if Solyndra never happened. 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.

Read more: http://nation.foxnews.com/nancy-pelosi/2011/09/28/obama-gives-737-million-solar-firm-linked-pelosi-clan#ixzz1ZLzkEzZ6

Energy Department approves $1 billion in solar energy loan guarantees

The Energy Department announced Wednesday that is has finalized more than $1 billion in loan guarantees for two separate solar energy projects.

The decision comes several weeks after Solyndra, a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009, filed for bankruptcy and laid off 1,100 workers, setting off a firestorm in Washington.

DOE announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve.

The Energy Department said the project will result in 600 construction jobs and 45 permanent jobs.

http://thehill.com/blogs/e2-wire/677-e2-wire/184331-energy-department-approves-737-million-loan-guarantee-for-solar-project

[MyLittlePony 340]

Solyndra got left behind? and Obama wants to save jobs? lol.

[I AM NOT THAT GUY 5,715]

"...from Tehachapi to Tonopah..."

[Mr. Big Dog 10,747]

It's a shame that Halliburton is getting so little love these days.

[I AM NOT THAT GUY 5,715]

I wonder how Blackwater USA Worldwide, I mean Xe is doing.

Edited September 29, 2011 by Crusty Old Perv