September 30, 2011 5 Comments
The Solyndra thing just keeps going on. I notice today that DOE has made some other Solar energy loans.
DOE announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve.
The Energy Department said the project will result in 600 construction jobs and 45 permanent jobs…
The Energy Department also announced that it had finalized a separate $337 million loan guarantee to Sempra Energy for a 150-megawatt photovoltaic solar-generation project in Arizona.
The project will result in 300 construction jobs, DOE said.
Let’s see, that totals 260 Megawatts of power which is enough power to power the houses (only) in Brooklyn. But only in the daytime for $1.074 Billion. Oh, and it will create a whole 45 permanent jobs.
Could there be Democratic connections in this? Of course there could. Andrew Stiles at The Corner has the story via Ben Domenech’s The Transom.
It gets messier and messier.
- That’s a lot of green for very few jobs (junksciencesidebar.com)
- Obama Continues to Flush Taxpayers Money on Boondoogles (fellowshipofminds.wordpress.com)
- DOE Green Energy Loan Guarantee Watch Update (reason.com)
- Administration learns from Solyndra scandal (crushliberalism.com)
- Steven Chu, Oh Where Are You? (Solyndra Roundup) (reason.com)