Tuesday, January 17, 2012

Solar Energy Scandal

'The Department of Energy bragged about giving a $1.2 billion loan guarantee to SunPower, a politically connected solar energy company, to create “10-15 permanent jobs,” raising critical questions as to if California SunPower is the next Solyndra in the ongoing Crony-Gate scandal.

Unlike Solyndra, which went bankrupt after receiving the loan from the government leaving taxpayer on the hook, SunPower’s deal is more complicated. Many questions are being raised about how the company was able to obtain the loan and what they did after they got the money.'

NOTE: We've lived off grid since 1999 and would never again tie into the grid. However, small, individual systems are efficient, effective and offer freedom. These scams steal from all of us and are not clean, not green and not cheap.

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