Solar company bankrupt despite 'win-win' DOE loan

Solar company bankrupt despite 'win-win' DOE loan | Campaign 2012 | Washington Examiner:

"In keeping with the recent trend of so-called green companies going into the red, another solar energy company supported by President Obama's top administration officials declared bankruptcy today.
Solar Trust for America received $2.1 billion in conditional loan guarantees  from the Department of Energy -- "the largest amount ever offered to a solar project," according to Energy Secretary Steven Chu -- for a project near Blythe, Calif., but declared bankruptcy within a year."

The entire article can be read at the Washington Examiner