UPDATED: More Picking Winners and Losers?
Where there’s smoke there’s fire. After this Solyndra mess started, people started looking around at Solar Energy companies and the guaranteed loans that the Obama Administration is giving them. The Daily Caller writes:
A Daily Caller investigation has found that in addition to the failed company Solyndra, at least four other solar panel manufacturing companies receiving in excess of $500 million in loan guarantees from the Obama administration employ executives or board members who have donated large sums of money to Democratic campaigns.
And as questions swirl around possible connections between political donations and these preferential financing arrangements, the Obama White House suddenly began deflecting The Daily Caller’s questions on Wednesday to the Democratic National Committee.
Deflecting questions of the Executive branch to the DNC isn’t a good sign that everything is on the up and up.
The other companies include First Solar, SolarReserve, SunPower Corporation and Abengoa SA and they have received billions from Obama administration stimulus programs to build solar power plants in the southwestern United States. To date, some estimates based on the reports of the number of jobs created by these companies through these stimulus programs puts the cost per job in the $15-20 MILLION range.
UPDATED: The Department of Energy announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, NV The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve.
The Energy Department said the project will result in 600 construction jobs and 45 permanent jobs.
Gateway Pundit reported that one of SolarReserve’s “investment partners” is Pacific Corporate Group, through its Clean Energy and Technology Fund. And PCG’s executive director is Ron Pelosi — brother of Nancy Pelosi’s husband.

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