Solar Energy, Solyndra | featured news

Earlier in the week, Romney held a news conference at Solyndra, describing the collapse of that federally backed solar-panel maker as proof that the Obama administration was misguided in trying to create jobs with targeted government investments ... But Massachusetts made similar investments when the presumptive GOP presidential nominee was governor of that state, and a small number of those companies have gone bust.

Republicans probing how a now-bankrupt solar panel company received a $535 million federal loan guarantee excoriated Energy Secretary Steven Chu on Thursday for his decisions on Solyndra at a hearing packed with media and spectators.

A series of emails provided to the House Energy and Commerce Committee from individuals tied to Solyndra offer striking characterizations about running strategy with the White House to secure assistance for the now-bankrupt solar energy firm.

The White House counsel refused Friday to comply with a subpoena issued by a House panel regarding the failed solar energy company Solyndra, claiming the initiative "was driven more by partisan politics than a legitimate effort to conduct a responsible investigation."

The Republican-controlled House Energy and Commerce Committee voted to issue a broad subpoena demanding more documents from the White House as part of the committee's ongoing investigation into a government loan guarantee to the failed solar equipment maker Solyndra.

A major investor in Solyndra LLC was instrumental in helping the troubled solar-power firm compete for a potentially lucrative U.S. Navy deal, a previously unreported connection that will likely fuel controversy surrounding the company.

The Obama administration engaged in a 'pattern' of approving loans that were not qualified to receive taxpayer money, says one Republican House chairman, calling the development as disturbing as the loss of millions of dollars given to bankrupt solar power company Solyndra.

The official inquired frequently about the progress of the loan even after he had disclosed that his wife’s law firm represented the company and promised to recuse himself.

Industry analysts and government auditors say the administration failed to take note of trouble already evident in the solar energy marketplace.

Leaders of a House subcommittee want to make the Obama administration answer for putting taxpayers on the hook for a half-billion-dollar loan to a now-bankrupt solar panel manufacturer. A hearing Wednesday will examine what went wrong ...