H.R. 6213, the No More Solyndras Act, was passed by the U.S. House of Representatives in September 2012. If enacted, this bill would sunset DOE’s Loan Guarantee Program {link to http://www.seia.org/policy/finance-tax/loan-guarantee-program} and prevent the issuance of new loan guarantees for renewable energy projects. Despite the headlines, the solar industry is a bright spot in terms of loan guarantees, with eleven utility-scale solar projects currently under construction or operational.
DOE Loan Guarantee Program
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The DOE Loan Guarantee Program creates jobs and reduces the cost of solar energy. Our new infographic shows why the program is a good deal for America.