Friday, September 4, 2009

DOE Issues First Loan Guarantee

At an event today in Fremont, Calif., the Department of Energy will announce that its first-ever federal loan guarantee will be issued this afternoon.

The loan guarantee - which will be for $535 million - is going to Solyndra, Inc., to build a solar panel manufacturing plant.

Energy Secretary Steven Chu is expected to make the announcement at the Fremont site...

Visit Clean Skies for the full story.

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