DOE To Award Up To 15 Loan Guarantees Within Six Months
One of Energy Secretary Steven Chu’s early promises upon taking over at the Department of Energy a year ago was that he would speed up the award of the loan guarantees.
So far though only one loan guarantee has actually been funded. The guarantee was secured by Solyndra, the California maker of thin-film photovoltaic cells, which scored a $535 million in September that it will use in part to finance construction of a new manufacturing facility in California. Read More »

