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
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
Anyway -- I
hope congressional staff members have a lot of reading time on their
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.
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.
Stearns and Upton hope to find amidst the mind-numbing minutiae in
these files, other than LCOE calculations and capex estimates?