$1,074,000,000 more, just to prove how 'greenie' and generous Old 'Sol' Obama can be with his cronies?
AP 9-28-11
...The loans were approved under the same program that paid for a $528 million loan to Solyndra Inc., a California solar panel maker that went bankrupt after receiving the money and laid off 1,100 workers. Solyndra is under investigation by the FBI and is the focal point of House hearings on the program.
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.
A second $337 million loan guarantee announced Wednesday will back Sempra Energy's Mesquite Solar I project in Arizona, about 45 miles west of Phoenix. That 150-megawatt facility will use U.S.-made solar panels that convert sunlight into electricity.
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