{"id":472,"date":"2011-09-29T17:18:14","date_gmt":"2011-09-29T17:18:14","guid":{"rendered":"http:\/\/savingtherepublic.com\/blog\/?p=472"},"modified":"2011-09-29T17:18:15","modified_gmt":"2011-09-29T17:18:15","slug":"crony-socialism-obama-gives-737-million-to-solar-firm-linked-to-the-pelosi-clan","status":"publish","type":"post","link":"http:\/\/savingtherepublic.com\/blog\/2011\/09\/crony-socialism-obama-gives-737-million-to-solar-firm-linked-to-the-pelosi-clan\/","title":{"rendered":"Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan"},"content":{"rendered":"

It\u00e2\u20ac\u2122s as if Solyndra<\/a> never happened.<\/strong> The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partner<\/a> with SolarReserve. Nancy Pelosi\u00e2\u20ac\u2122s brother-in-law<\/a> happens to be the number two man at PCG.<\/p>\n

\"\"<\/a>
\nObama admires solar panels during a trip to Florida. (Yahoor<\/a>)<\/p>\n

Team Obama is spending $737 million to create 45 permanent jobs.
\nThe Hill<\/a> reported, via Free Republic<\/a>:<\/p>\n

The Energy Department announced Wednesday that is has finalized a $737 million loan guarantee for a Nevada solar project.<\/p>\n

The decision comes several weeks after a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009 filed for bankruptcy and laid off 1,100 workers, setting off a firestorm in Washington.<\/p>\n

The $737 million loan guarantee will help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar<\/strong>, a subsidiary of California-basedSolarReserve<\/strong>.<\/p>\n

Crescent Dunes is the latest solar project to receive a loan guarantee from the Energy Department in recent weeks. The department announced a $1.2 billion loan guarantee to Abengoa Solar for a solar generation project in California and a $150 million loan guarantee to 1366 Technologies for a Massachusetts solar manufacturing project earlier this month.<\/p>\n

The Energy Department says the project will result in 600 construction jobs and 45 permanent jobs.<\/p><\/blockquote>\n

From The Gateway Pundit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u00e2\u20ac\u2122s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partner with SolarReserve. Nancy Pelosi\u00e2\u20ac\u2122s brother-in-law happens to be…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_options":[]},"categories":[344,248],"tags":[552,553,4,554],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/posts\/472"}],"collection":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/comments?post=472"}],"version-history":[{"count":0,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/posts\/472\/revisions"}],"wp:attachment":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/media?parent=472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/categories?post=472"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/tags?post=472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}