Posted on 09/08/2011 9:04:09 AM PDT by joinedafterattack
- Solar manufacturing facility is expected to generate up to 3,000 clean energy jobs in Fremont, CA --- San Francisco, CA – U.S. Senator Dianne Feinstein (D-Calif.) today applauded the U.S. Department of Energy’s decision to finalize a $535 million loan guarantee to a California-based solar company, Solyndra. The Department of Energy announced the initial selection of Solyndra as a conditional loan guarantee recipient in March and formalized the decision today at a ground-breaking ceremony in Fremont, California.
“This is a major milestone for California’s solar industry,” Senator Feinstein said. “This federal loan guarantee of $535 million will enable Solyndra to secure affordable financing – at a time when credit is extremely tight – in order to build and operate a commercial-scale facility to manufacture the next generation of rooftop solar systems. The operation is expected to generate at least 3,000 clean energy jobs in an area whose largest employer – NUMMI – may soon shut down. And it will ultimately help make it more affordable for more Americans to power their homes and buildings through solar energy. So it’s a win-win for the economy and the environment.
(Excerpt) Read more at feinstein.senate.gov ...
“This is a major milestone for California’s solar industry,” Senator Feinstein said. “This federal loan guarantee of $535 million will enable Solyndra to secure affordable financing – at a time when credit is extremely tight – in order to build and operate a commercial-scale facility to manufacture the next generation of rooftop solar systems. The operation is expected to generate at least 3,000 clean energy jobs in an area whose largest employer – NUMMI – may soon shut down. And it will ultimately help make it more affordable for more Americans to power their homes and buildings through solar energy. So it’s a win-win for the economy and the environment.
Great news for whomever is running against her come 2012.
Feds execute search warrants at Calif. solar firm
http://www.freerepublic.com/focus/f-news/2775392/posts
Solyndra officials made numerous trips to the White House, logs show
http://www.freerepublic.com/focus/f-news/2775392/posts
I am sure her campaign fund got their cut.
They blew through a half a billion dolars in less than 2 years?
No wonder the FBI is raiding the place today- It is probably so they can grab and hold onto the records before anyone else sees them.
(*You dont think Holders’s people are out to find the truth, do you?)
Full funding on this company was in price range of $700 million.
$535 million is the amount NObama GUARANTEED with Federal Taxpayer money.
They blew theu $700 Million it seems.
Full funding on this company was in price range of $700 million.
$535 million is the amount NObama GUARANTEED with Federal Taxpayer money.
They blew thru $700 Million it seems.
in part help fund my re-election bid so I love this program.
Diane Feinstein - a dog took a dump in the street and she stopped to applaud. “A wonderful display of performance art.”
The Democrats are dumber than donuts and so incompetent that they can’t run a snocone stand. Why in the world would anyone listen to anything a Democrat has to say about moral/social issues?
Not really. The Democrat Media Complex will bury it under “Old News.”
That, and so that Obama and everyone else in the administration can use the excuse that they can't comment about them because they're under investigation if anyone asks inconvenient questions.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.