More tepub obstruction and locking the brakes on the innovations into alternatives, forty years of now, which added to their policies of totally slowing, and exporting, the innovations in other industries over same time span, that were once greatly envied, now those who did are moving rapidly forward as we tank!
September 24, 2011 - SolarCity officials said late Friday that their contract to install solar panels on military bases in 33 states could be derailed because of the ongoing investigation with the Solyndra bankruptcy.
SolarCity recently announced its $1 billion SolarStrong project, backed by a $275 million Department of Energy loan guarantee, that would allow the company to install 160,000 photovoltaic systems on military bases within the next five years. The program would be the largest of its kind in the United States, and is part of the growing partnership between the renewable energy industry and the military.
According to the company, all the required paperwork was submitted to finalize the loan before the Sept. 30 deadline. But SolarCity received word from the DOE late last week that the department would be unable to process the paperwork because of more stringent requirements set in place after the start of the Solyndra investigation.
The company has sent a letter to Rep. Fred Upton asing for his committee to support extending the deadline. It remains unclear who holds the authority to extend it.
Upton, a Michigan Republican, has been among the most vocal critics of the Solyndra deal and the loan program in general. As chair of the powerful Committee on Energy and Commerce, he counts the electric utilities sector as his biggest campaign contributor. In Michigan, utility-scale solar has made relatively few inroads, and the only two DOE loans that came to his state were for the automotive industry. Upton is also a key member of the Congressional Supercommittee charged with cutting about $1.5 trillion in federal spending. read more>>>
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