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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (558659)4/3/2010 6:05:39 PM
From: tejek   of 1575018
 
Energy Dept. delivers solar loan to Solyndra

by Martin LaMonica

Demonstrating that it plans to act quickly with clean-energy loans, the U.S. Department of Energy has made $535 million available to solar start-up Solyndra.

The loan guarantee, announced on Friday, is the first to be approved by the Department of Energy in four years. As part of a broader government stimulus plan, the administration of Energy Secretary Steven Chu has committed to quickly disbursing loans to clean-energy companies.

read more........

news.cnet.com
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