Solyndra

MidAmerican Energy Holdings, owned by famed investor Warren Buffet, announced yesterday that it was acquiring Topaz Solar Farm from First Solar, Inc. (NASDAQ: FSLR). MidAmerican will pay $2 billion for the solar farm, one of the two largest of such constructions in the world, according to Reuter...

SolarCity Corporation announced that it has obtained financing for a solar rooftop project covering more than 100,000 military homes. The announcement comes as good news so soon after the Solyndra bankruptcy scandal. SolarCity originally planned to obtain financing under the same federal loan...

By a 14-9 vote, congressional Republicans on an investigative subcommittee of the House Energy and Commerce Committee voted Thursday to subpoena the White House for all internal communications related to Solyndra Inc., the failed solar company. The subpoena comes as congressional Republicans have...

From the LA Times, in a longer item about the eponymously named (in the circumstances) involvement of Obama fundraiser and Energy Department loan monitor (!) Steven Spinner in the administration's “green energy” debacle: Separately, lawmakers in Sacramento questioned a $27-million tax break given...

It's not gripping TV, but it's a legitimate news story. As Brent Baker at NewsBusters noted on Sunday morning, despite the story's legitimacy, “neither ABC nor NBC mentioned the development Friday night and CBS allocated a mere 25 seconds.” I'd have been okay with 25 seconds at each place, but the...

In the final web page of Stephen F. Hayward's “President Solyndra — and His Mean, Green, Wealth-Wasting Machine” article at the Weekly Standard (bolds are mine): While there seems little doubt that the White House took an inordinate interest in Solyndra and bigfooted the loan through the DOE, the...

As thousands of Japanese protest against the nuclear power industry in Tokyo, it may be time to consider investing in the alternative energy sector. Thousands of Japanese citizens took to the streets on Monday in Tokyo, calling on the government to reduce the country's use of nuclear power. The...

Further to news last week that solar panel manufacturer Solyndra is to shut down and immediately lay off 1,100 employees, the San Francisco Business Times is reporting that that those same employees filed a class action suit against the company. According to the article, “Employees of Solyndra...

Yesterday, we reported that solar panel manufacturers Solyndra are to close down, with 1,100 employees set to lose their jobs. The workers are to be laid off straight way, receiving no lay off compensation, and some are questioning whether that breaks federal and state legislation that says that...

After the news of Solyndra's bankruptcy broke on Wednesday, the question that everyone was asking as, how the hell did that happen? The San Francisco Business Times quite correctly also asked the question today of what this collapse will mean to the solar panel industry. The Fremont, CA-based...