Money Loser + $100 Million Subsidy = Money Maker?
When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly exceeds the value of its solar project? A case in point is First...
View ArticleTaxpayer-Backed Green Energy Firms Struggle, But Hike Executive Pay
When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the taxpayers who are keeping the company...
View ArticleLawmakers Probe Fast-Track Approval for Connected Green Companies
Congressional investigators are probing potential cronyism in a pair of federal green energy programs, including the Energy Department loan program that guaranteed a $535 million loan to now-bankrupt...
View ArticleStudy Shows ROI on Solar Energy Tax Credit, But Ignores Bankruptcies
Proponents of taxpayer support for green energy are touting a new study claiming that tax credits for solar companies will pay for themselves over the long run. The problem: the study, conducted by...
View ArticleBankruptcy Filings Allege Abound Solar Aware of Defective Panels
Boris Horvat/AFP/Getty Images Recent filings by a customer of bankrupt solar panel manufacturer Abound Solar allege the company knew its panels were defective before the company collapsed last year,...
View ArticleObama Administration Plans to Spend $150 Million for Green Energy Projects...
Rainer Jensen/dpa/picture-alliance/Newscom Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to...
View ArticleMoney Loser + $100 Million Subsidy = Money Maker?
When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly exceeds the value of its solar project? A case in point is First...
View ArticleTaxpayer-Backed Green Energy Firms Struggle, But Hike Executive Pay
When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the taxpayers who are keeping the company...
View ArticleLawmakers Probe Fast-Track Approval for Connected Green Companies
Congressional investigators are probing potential cronyism in a pair of federal green energy programs, including the Energy Department loan program that guaranteed a $535 million loan to now-bankrupt...
View ArticleStudy Shows ROI on Solar Energy Tax Credit, But Ignores Bankruptcies
Proponents of taxpayer support for green energy are touting a new study claiming that tax credits for solar companies will pay for themselves over the long run. The problem: the study, conducted by...
View ArticleBankruptcy Filings Allege Abound Solar Aware of Defective Panels
Boris Horvat/AFP/Getty Images Recent filings by a customer of bankrupt solar panel manufacturer Abound Solar allege the company knew its panels were defective before the company collapsed last year,...
View ArticleObama Administration Plans to Spend $150 Million for Green Energy Projects...
Rainer Jensen/dpa/picture-alliance/Newscom Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to...
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