Solyndra flushed a half-billion taxpayer dollars down the drain, and now there’s another government-funded solar firm that has tanked.
Solar Trust of America was the proud recipient of a $2.1 billion low-interest loan from the Department of Energy. The money was to be spent on the expansion of the company’s 1000 MegaWatt Blythe Solar Power Project in Riverside, California.
Read the rest of the story, and my commentary, here.
|© 2013 Eco-Tyranny Book | Brian Sussman|