Sunday, October 9, 2011

Solyndra and Dr Chu

I wonder what part Dr. Chu had in the sleazy Solyndra deal that has recently been uncovered?


March 20, 2009 – Solyndra, Inc. announced today that it is the first company to receive an offer for a U.S. Department of Energy (DOE) loan guarantee under Title XVII of the Energy Policy Act of 2005. Solyndra, a Fremont, California-based manufacturer of innovative cylindrical photovoltaic systems, will use the proceeds of a $535 million loan from the U.S. Treasury’s Federal Financing Bank to expand its solar panel manufacturing capacity in California.

“The leadership and actions of President Barack Obama, Energy Secretary Steven Chu and the U.S. Congress were instrumental in concluding this offer for a loan guarantee,” said Solyndra CEO and founder, Dr. Chris Gronet.

2 comments:

Anonymous said...

Obama's death knell. Along with "Fast and Furious."

Anonymous said...

maye Solyndra will lead the investigators to Chu and then to all the other crap that has been going on at the labs.

"Victory is mine!" -Stewie

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