OBAMA APPROVES 2 MORE SOLAR LOANS:  $ 1 BILLION

WLS reporting..."Facing a Friday deadline, the Energy Department has approved two loan guarantees worth more than $1billion for solar energy projects in Nevada and Arizona." Because Solyndra wasn't enough.


"Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower in Nevada, and a $337 million guarantee for Mesquite Solar 1 to develop a 150 megawatt solar plant in Arizona." If Solar can't compete in Arizona and Nevada without taxpayer subsidies...where can it compete?  




"The loans were approved under the same program that paid for a $535 million loan to Solyndra Inc., a now-bankrupt solar panel maker that has become a rallying cry for Republican critics of the Obama administration's green energy program." Give us more Solyndra


"The latest loan program, approved under the 2009 economic stimulus law, expires Friday. At least seven projects worth about $5 billion are pending." ...More to come


UPDATE :    SOLAR FIRM LINKED TO PELOSI CLAN