ADVERTISEMENT

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

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