Nearly one-third of DOE loan recipients on federal 'watch list'

image/svg+xml

Ten out of 32 recipients of Department of Energy loans for green energy projects are potentially at risk of default, and are included on a federal "watch list," the Wall Street Journal reports.

The Obama administration’s aggressive green energy agenda has come under increased scrutiny following the September 2011 bankruptcy of Solyndra, a California solar panel firm that received a $535 million taxpayer guaranteed loan from the DOE.

Published under: Department of Energy

ADVERTISEMENT
ADVERTISEMENT