Solar projects get funding as deadline approaches

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The Energy Department defied Republican critics Friday by announcing that it had committed an additional $4.7 billion in guarantees toward four big-dollar clean technology projects, just hours before the program's funding expired.

The announcement marked a dramatic ending for the $18 billion loan guarantee program, which has been central to the administration's push to create jobs and promote green technology. Simultaneously, the program has come under fire for its handling of a half-billion-dollar loan to Solyndra, a solar company that collapsed in August.

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Peter Finn 01 Oct, 2011

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Source: http://feeds.washingtonpost.com/click.phdo?i=185c7d6852f268319c56c74de46ce480
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