Tuesday, December 09, 2014

112 Solar Companies Close In 5 Years

112 Solar Companies Close In 5 Years | The Daily Caller:
Solar industry bankruptcies became a hot-button issue in 2011 after Solyndra declared bankruptcy. 
The company went broke after receiving $535 million in federal loan guarantees from the Obama administration.
Solyndra was quickly followed by Abound Solar and other green energy companies backed by the federal government. 
Abound got a $400 million loan guarantee from the Obama administration, but only used $68 million before the government cut off funding in the wake of Solyndra’s scandalous bankruptcy.

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