The Solyndra debacle is the gift that keeps on giving.
Unless you're Jonathan Silver, former head of the DOE loan program. Or unless you're Brian Harrison, the former CEO of Solyndra currently under investigation by Congress, the FBI and probably several other investigative organizations.
But if you're on the House Committee of Energy and Commerce -- Solyndra really provides a reason to get up out of bed. It is also managing to keep journalists busy.
Anyway -- I hope congressional staff members have a lot of reading time on their hands.
The House Committee on Energy and Commerce has just requested pretty much the entire document file for every loan guarantee under the DOE's 1705 program including independent due diligence, audited financial statements, etc. Here's a link to download the letter.
Realize that Solyndra was just one of about 40 loans and loan guarantees issues by the department spanning solar photovoltaics, concentrated solar power, wind farms, and biofuels.
Here's a list of just the solar loan guarantee recipients, followed by the letter from the Committee to DOE Secretary Chu.
What do Stearns and Upton hope to find amidst the mind-numbing minutiae in these files, other than LCOE calculations and capex estimates?
1705
|
|||||||
---|---|---|---|---|---|---|---|
1366 Technologies | Solar Mfg | $150M | MA | ||||
Solar Gen
|
$1.4B
|
AZ
|
|||||
Abengoa Solar |
Solar Gen
|
$1.2B | CA | ||||
Solar Mfg
|
$400M
|
CO | |||||
Solar Gen
|
$967M
|
AZ | |||||
Solar Gen
|
$1.6B
|
CA
|
|||||
Solar Gen
|
$90.6M
|
CO
|
|||||
First Solar (Antelope) | Solar Gen | $680M | CA | ||||
First Solar (Sunlight) | Solar Gen | $1.8B | CA | ||||
First Solar (Topaz) | Solar Gen | $1.9B | CA | ||||
Fotowatio | Solar Gen | $45.6M | NV | ||||
Sempra Mesquite | Solar Gen | $398M | AZ | ||||
NextEra (Genesis) | Solar Gen | $852M | CA | ||||
Prologis |
Solar Gen
|
$1.4B | US | ||||
Solar Gen
|
$734M
|
NV
|
|||||
Solar Mfg
|
$197M
|
OR
|
|||||
Solar Mfg
|
$535M
|
CA
|
|||||
Solar Gen
|
$1.1B
|
CA
|