Wednesday, October 26, 2011

Another boondoggle?

CEO of Tempe-based First Solar resigns



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This year, First Solar got a $1.88billion loan guarantee, where the federal government backstops investors, for a Riverside County, Calif., project called Desert Sunlight Solar Farm. It got another guarantee for $967million for a plant near Yuma called Agua Caliente. And it got a $680million loan to build the Antelope Valley Solar Ranch One project north of Los Angeles.
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