Saturday, October 8, 2011
Next Round: Obama Admin Authorizes Billions More In Loan Guarantees to Solar Companies
SunPower and First Solar are two prominent U.S. solar manufacturers receiving billions in government-backed loans—funding meant to facilitate deployment of utility-scale photovoltaic (i.e. solar power) projects on U.S. soil, writes David Phillips of 24/7 Wall St. Energy Secretary Steven Chu has claimed on the DOE website that such incentives will create “tens of thousands of indirect jobs” in renewable power industries.
Oh, is that right?
Read more at The Blaze:
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