$14 Billion in Stimulus Spending Generates Just 1.2 Percent of Electricity
Despite more than $14 billion in cash payments to solar, wind, and other renewable energy project developers since 2009, just 48 terawatt hours of additional… Read More
DOE-Backed Abound Solar Facing Fraud Investigation in Colorado
Abound Solar, the now-bankrupt solar company and recipient of a $400 million Department of Energy loan guarantee, faces a three-pronged investigation from Weld County, CO,… Read More
Sign of the Times: Denver Post Challenged on Green Energy Coverage
(Photo credit: Mary MacFarlane) A Colorado-based free-market think tank located in Denver challenged the state’s paper of record when it launched a media blitz that… Read More
House Committee Launches Document Probe Into DOE, Abound Solar
Bankrupt solar module manufacturer Abound Solar, recipient of a Department of Energy loan guarantee of $400 million, and the subject of an official investigation in… Read More
Bankrupt DOE Loan Recipient Abound Solar Under Investigation, Panels Suffered “Catastrophic Failure”
Abound Solar, a Department of Energy $400 million loan guarantee recipient that went bankrupt earlier this year, is under investigation by officials in Weld County,… Read More
Energy Department Touts Solar Power That Generates 0.14% of Electricity
The U.S. Department of Energy this week touted the growth of solar power, complete with an impressive chart that boasts, “Solar Generation Has a Bright Future.” Yet… Read More
Abound Solar Collapse Could Leave Taxpayers on the Hook for Shortfall
Abound Solar’s June bankruptcy could leave the residents of Weld County, CO, on the hook if court proceedings do not deliver the projected business personal… Read More
Abound Solar: Doomed to Fail Because of Election-Year Politics, Investor Says
One of Abound Solar’s venture capital investors blamed election-year political games for the collapse of the Colorado-based thin film solar panel manufacturer, according to a… Read More
DOE Sent Millions to Solar Firm That Lacked ‘Economically Viable’ Product
Amonix, the solar panel manufacturer whose Las Vegas plant ceased operations in May, managed to secure millions in federal grants and potential tax breaks even… Read More
Interior Secretary Salazar Still Bullish on Solar Despite High-Profile Setbacks
At a Friday visit to the Golden, Colorado, campus of the National Renewable Energy Laboratory, Interior Secretary Ken Salazar characterized the bankruptcies and delays that have… Read More
