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Browsing the "Solyndra" Tag

New Kind of 40% Efficient Solar Farm Gets $90 Million DOE Loan Guarantee to Cogentrix

September 21st, 2011 | by Susan Kraemer

The largest High Concentration Photovoltaic (HCPV) project in the world is being funded by the DOE with a $90 million loan guarantee for the Cogentrix Alamosa Solar Generating Project. The first 20 years of the electricity it will generate has already been bought under a PPA (power purchase agreement) by the Public Service Company of Colorado. More than 80 percent of its components will be sourced from the United States. HCPV is new form of utility-scale solar that has barely been developed, but it has great potential because it has almost twice the efficiency of regular solar PV. Cogentrix HCPV is rated at 40% efficient. By comparison, most coal plants are typically rated at 30% efficiency. The $90 million in funding represents the tail end of almost $40 billion in loan guarantees, loans, or conditional guarantees by the US Department of Energy (DOE) powered by the Obama administration stimulus Recovery Act. One famously went bad, $0.5 billion to Solyndra. But the more than 40 DOE loan guarantees have

Solyndra Facts & Lies

September 20th, 2011 | by Guest Contributor

This is a full repost of a Media Matters article too good to pass up, especially since we continue to get inane comments here on CleanTechnica about it and I can only imagine how many people have been confused by the disinformers

Clearing Up How Loan Guarantees (like Solyndra’s) Work? (VIDEO)

September 20th, 2011 | by Stephen Lacey

The Solyndra investigation has brought loan guarantees out of the obscure world of political wonkery and into the living rooms of Americans around the country. The problem is, many in the media are completely misrepresenting how the instrument works and who supports it. So we’ve put together a video primer on how loan guarantees work, posted below

FARE — Shock Doctrine in Action

September 19th, 2011 | by DeSmog Blog

In her famous book The Shock Doctrine​: The Rise of Disaster Capitalism, author and activist Naomi Klein quotes the Godfather of free market capitalism, Milton Friedman, whom she credits with mainstreaming the "shock doctrine." Friedman stated: "Only a crisis — actual or perceived — produces real changes. When the crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies to keep them alive and available until the politically impossible becomes politically inevitable." Under a textbook "shock doctrine" scenario as it pertains to the ongoing and escalating Solyndra Corporation hoopla, two U.S. Senators, sponsor David Vitter (R-LA) and co-sponsor Ron Johnson (R-WI), have introduced U.S. Senate Bill 1556, the Federal Accounting of Renewable Energy Act of 2011 (FARE) [PDF], or "FARE" as a direct response to the Solyndra saga — "ideas that are lying around," to quote Friedman

Q&A on Solyndra, Clean Energy, & Green Jobs

September 17th, 2011 | by Zachary Shahan

Here's yet another great response to the Solyndra debacle and all the attacks on clean energy and green jobs that have followed. It's part of an email I received from the Natural Resources Defense Council last night. Check it out (and please share it)

Reports of the Death of Solar are Highly Exaggerated (Take Action)

September 16th, 2011 | by Zachary Shahan

"The solar company Solyndra filed for bankruptcy last month, which media reports have depicted as the end of solar power in the U.S. This is like saying there is no future for the internet because Netscape went out of business." Love this. This is the intro to a great email I received from Vote Solar yesterday. There's more worth sharing, and it was really so well-written I don't see the point in changing or adding much, so here's more

House Republicans Widen Solyndra Probe, May Subpoena White House

September 9th, 2011 | by Silvio Marcacci

Controversy surrounding solar panel manufacturer Solyndra’s recent bankruptcy filing just won’t go away, and could imperil the White House. The company’s federal stimulus loans are at the center of a widening investigation into clean-energy technology funding by House Republicans, and may lead to subpoenas of White House records.

Concentrated Solar Thermal Power Summit November 28-30

September 7th, 2011 | by Glenn Meyers

For those following or invested in CSP, this all sounds like good reason to attend the 5th International Concentrated Solar Thermal Power Summit held November 28 to 30 in Sevilla, Spain, writes global events director Maria Slough Rocha

Learning the Wrong Lessons from the Solyndra Bankruptcy

September 1st, 2011 | by Aaron Fown

Solyndra’s recent failure to thrive, despite half a billion dollars in federal loan guarantees and strong growth this year, could be taken as a lesson in the failure of government investment in clean energy technology. But it was, in fact, an example of a stunning success of this strategy. Unfortunately, it wasn't our success. It was China's

Silicon Valley: Clean Tech’s New Capital?

August 11th, 2011 | by Silvio Marcacci

California’s Silicon Valley is known for launching the Internet revolution, but the region has also become the epicenter of America’s clean tech industry. Billions of dollars in venture capital funding to energy-related companies has helped the region weather the economic downturn by growing green jobs 109 percent over the last decade. energyNOW! correspondent Lee Patrick Sullivan visited Silicon Valley to find out how the region’s shift toward clean energy is empowering tech-savvy workers and entrepreneurs to take charge of America’s energy future.

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