On September 8, 2011, just two days after Solyndra filed for bankruptcy, the FBI raided the solar manufacturer’s Fremont, California facility. The raid occurred nearly two years to the day following the administration’s rushed decision to grant Solyndra a $535 million taxpayer backed loan guarantee.
WASHINGTON, DC – The House Committee on Energy and Commerce today announced its hearing and vote schedule for the week of September 10. Next week’s robust hearing schedule will focus on a number of the committee’s hallmark issues, including protecting taxpayer dollars, North American energy independence, encouraging economic growth, and removing regulatory barriers to job creation.
WASHINGTON, DC – It was announced today that the House of Representatives will vote on the “No More Solyndras Act,” H.R. 6213, next Friday, September 14, 2012. The “No More Solyndras Act” is a product of the Energy and Commerce Committee’s extensive investigation into the Department of Energy’s $535 million loan guarantee to Solyndra, the California solar panel manufacturer that ultimately went bankrupt last September.
SOLYNDRA BANKRUPTCY – ONE YEAR LATER: TODAY Marks Anniversary of Solyndra Bankruptcy – Investors with Close Ties to President Obama Will Reportedly Reap Hundreds of Millions in Tax Breaks While Taxpayers Left Holding the Bag on More Than Half Billion LossSeptember 6, 2012 | Press Release
WASHINGTON, DC – Today marks one year since Solyndra, once the Obama administration’s highly touted stimulus “success story,” filed for Chapter 11 bankruptcy. The recipient of a $535 million DOE loan guarantee, Solyndra serves as a stark reminder of the Obama administration’s misguided priorities and failed stimulus economy.
THIS DATE IN HISTORY: 2009: Joe Biden Proudly Declares During Solyndra’s Groundbreaking: “These Jobs are Going to Be Permanent Jobs. These Are the Jobs of the Future.”September 4, 2012 | Press Release
WASHINGTON, DC – Exactly three years ago today, Vice President Joe Biden famously participated in Solyndra’s groundbreaking following the Obama administration’s rushed approval of the $535 million loan guarantee to the now-bankrupt solar company.
WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) today unveiled a new website to provide visitors with easy access to the most up-to-date information on the committee’s important work.