Solyndra Stories
A list of the most recent stories about Solyndra.
Solyndra asks judge to approve reorganization plan
The failed solar power company Solyndra LLC is asking a Delaware bankruptcy judge to confirm its proposed reorganization plan over objections from government attorneys. Solyndra lawyers said Monday in court documents that the plan meets legal requirements for confirmation. Lawyers also addressed and rejected Internal Revenue Service and Department of ...
'No More Solyndras Act' passed by the US House
Republicans on Friday pushed a bill through the House shining a campaign-season light on the most conspicuous failure of President Barack Obama's economic stimulus package. The bill would phase out federal loan guarantees like those that went to the now-bankrupt solar power company Solyndra LLC and left taxpayers on the ...
DOE questions Solyndra bankruptcy plan
Lawyers for the federal government say Solyndra LLC needs to provide more information in its reorganization plan about tax breaks that could be worth hundreds of millions of dollars to private equity funds that control the failed solar power company. The Department of Energy and the Internal Revenue Service are ...
Romney misses a mark on Solyndra claim
Republican presidential contender Mitt Romney has revived charges about the failed solar company Solyndra as he assails President Barack Obama' green energy policy. But he didn't get the story completely straight when he accused the administration of favoring "cronies." Solyndra, the first renewable energy company to receive a federal loan ...
Federal grand jury investigates Solyndra
A federal grand jury has been investigating Solyndra, the troubled Fremont-based solar company, for at least two months, according to court records. The grand jury investigation was disclosed in legal papers filed in U.S. Bankruptcy Court in Delaware last Friday. The papers were filed by the law firm K&L Gates, ...
Chu: Solyndra loan based on merits, not politics
An unapologetic Energy Secretary Steven Chu defended a half-billion-dollar federal loan to a solar-panel manufacturer that went belly up, even as he told a House committee Thursday he was unaware of dozens of key details that led to the debacle over Solyndra Inc. Under hours of hostile questioning from Republicans ...
Obama donor discussed Solyndra with White House
A major donor to President Barack Obama discussed with White House officials a solar energy company that received a half-billion dollar federal loan and later went bankrupt, newly released emails show. The emails released by a House committee appear to contradict repeated assurances by the Obama administration that the donor, ...
White House rebuffs subpoena on failed solar firm
The White House on Friday strongly rebuffed a subpoena from House Republicans seeking all communications about a failed solar panel manufacturer that received a half-billion dollar federal loan guarantee. In a letter to two top Republicans on the House energy panel, White House Counsel Kathryn Ruemmler said the request ...
House panel approves subpoena on Solyndra loan
A Republican-led House panel on Thursday agreed to subpoena the White House for documents related to Solyndra Inc., the failed California solar company that received a half-billion-dollar federal loan. A House Energy and Commerce subcommittee voted 14-9 along party lines to authorize subpoenas of top White House officials. GOP ...
Solar panel maker Solyndra set to auction assets
The bankrupt solar company Solyndra Inc. is auctioning off surplus assets this week as part of its bankruptcy proceedings. Starting Wednesday, buyers can purchase the former solar manufacturer's office microwave, artwork that once hung on its walls and an array of heavy equipment and tools owned by the ...
Obama has no regrets about Solyndra loan
President Barack Obama said Monday he does not regret a $528 million loan to a solar energy company that later collapsed, saying officials always knew a clean energy loan program would not back winners 100 percent of the time. "There are going to be some failures, and Solyndra's an example," ...
House probing $528M loan to failed solar company
House Republicans on Wednesday questioned whether the White House rushed approval of a government loan guarantee for a solar panel manufacturer before a review was complete. The company has since filed for bankruptcy, leaving taxpayers on the hook for the $528 million loan. Solyndra Inc. was a major presence in ...
Lawmakers will wait on testimony from solar execs
Leaders of a House panel say they plan to make Obama administration officials answer for putting taxpayers on the hook for a half-billion-dollar loan that went to a now-bankrupt solar panel manufacturer. The panel is conducting a hearing Wednesday that will examine what went wrong with Solyndra Inc., which had ...
Feds investigate solar firm that got $535M US loan
FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the company's headquarters in Fremont as part of an investigation with the Department of Energy's Office of ...
Solar Plant Visited By Obama Closes Its Doors
Solyndra, an East Bay company President Barack Obama used as a backdrop for a speech on green energy back in May 2010, announced Wednesday it was shutting down its manufacturing plant and laying off 1,100 employees.In a prepared statement released Wednesday morning, the company said it was forced to closed ...
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